Agree with Sigma. You have to be very quick to buy and sell when investing in speculative stocks, which was already up by 500% when it was trading around 0.024. Also, best strategy is to trade one parcel to free carry and to keep another parcel for medium-long term if you believe in projects and story. Try to take profit on the way and try to free carry as soon as possible even though you are very confident on long term growth of the company.
Saying, that i don't think you are in loss just yet unless you sell your shares. Delay in scoping and drilling doesn't means we don't have good results on table. The one who lakes patience, should always invest in junior when its in Pre-Drilling stage but once it goes into drilling you should be well prepared to wait for few months to a year to see some fruits our of drilling.
Hope soon we see some good announcement out. Either drilling results or scoping study. Otherwise, if board is smart enough to play with investors/traders just to keep their pocket warm, then we should be well prepared to take them to court (via ASIC).
IMO.
- Forums
- ASX - By Stock
- RMX
- slightly different spin
slightly different spin, page-60
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
Add RMX (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.423M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $750 | 750K |
Featured News
RMX (ASX) Chart |