RMX 0.00% 0.1¢ red mountain mining limited

Ann: Red Valley Drilling Update, page-247

  1. 494 Posts.
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    If this company was a shell valued at, say $3M, and then picked up an attractive Cobalt prospect - that company would easily justify a MC of $10M - look at Mei.. its worth more than RMX is currently!

    RMX has simply lost its momentum and is in poor market conditions right now - its falling under its own weight - as the Japanese would say. It doesn't need pro's or 'people in the know' to drop - the market depth is thin and any seller will push the price down.

    Results due very soon.
 
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