In my opinion, charting on "discovery " type stocks is a waste of time
and can lead to serious mis-information.Most Junior exploration stocks
have little or no cashflow,but have expertise in management related areas
in terms of the "potential"of a prospect etc.Who would of thought that say,
oil explorer SSN would go from 1.2 c to over 20c in the light of the absence
of any reliable charting etc.It is the history of the "ground' that drives discovery
and investor support for explorers..in SSN case it was the Baken Formation and its history
of discovery that drove investor confidence not charts..Hence Nova discovery will
drive RMR support etc..
Cheers
RMR Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held