REE 0.00% 1.4¢ rarex limited

Ann: Drilling to Commence Next Month at Weld North REE Project, page-181

  1. 543 Posts.
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    Yes, I agree... I've been in this awhile so hold "paper" bags only...

    My only point is that such fast and relentless selling IS typical of a "leaky ship" when drilling results are imminent. I've been in plenty of small cap explorers, so I've seen this again and again, and this is why I mentioned it yesterday as my main concern.

    I'm still holding as I believe in what they have below the ground and that if a few dusters come up there will be other winners in the future to more than compensate.

    BUT, it is not typical for shares to drop this fast and on these volumes when drilling results are imminent (as usually excitement builds, and you normally see selling on the news - not before!) unless there is some insiders dumping their shares on retail buyers in the queue.

    Anyway, I just hope this isn't a case of this and is indeed just the natural flow of sellers being sellers in an open market like you believe it to be.

    Last edited by mercsman: 09/10/20
 
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