It is quite notable how much the turnover of RXM has increased. It has had over a million shares a day traded over the last 2 days. This sugguests the market is fairly liquid and that the share price is an acurate reflection of sentiment. This is a mining stock not a house, tangible assests do not mean much. The price looks like it is not going to go up until the market is sure it is not going to get hit with a capital raising. Unless financing is aranged or there is a takeaover this stock is in a range below 75 cents
RXM Price at posting:
72.5¢ Sentiment: Hold Disclosure: Held
