How are charters feeling from this week's performance? Some big suppression going on by that couple of people when I'm watching the market day to day.
On a side note, I'm seeing more and more occurrences of gold explorers having their prices suppressed hard on big news days, held down for a long while to accumulate, and then allowed to just bolt off out of the blue with no news afterwards.
A couple of examples I've seen so far:
BGL: Big news on 10th June. Prices went up halfway, but suppressed for 10 days until 20th June before bolting off.
DEG: Major news on 9th June. Prices also went up halfway, but suppressed from there for 10 days until 19th June then ran off like a frightened horse.
We'll know in a while if RXL has been suppressed as well (I've suspect there have been about 3 suppression cycles since mid June, we're in the longest suppression cycle of the three now). So I think there's two opportunities for strong price growth at RXL in the next week(s): Being free from price suppression after their accumulation is complete, and news of deeper drills and their gold intercepts.
We just need to be patient enough.
RXL chart, page-1357
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.17M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $11.38K | 84.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 293274 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 480392 | 0.135 |
12 | 1024221 | 0.130 |
4 | 171200 | 0.125 |
6 | 485008 | 0.120 |
3 | 22798 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 168592 | 4 |
0.145 | 353599 | 3 |
0.150 | 209914 | 3 |
0.155 | 215972 | 4 |
0.160 | 313079 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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