RMX 0.00% 0.1¢ red mountain mining limited

Bigger than GPP!!!, page-1249

  1. 1,132 Posts.
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    LOL either your down ramping or you have no clue about how to value a company. I was on the PIO express train from 1.7 cents to 10 cents went up so fast that i couldnt sell fast enough ended up selling at 5.9 cents which was a decent profit anyway. PIO was dumped because it was way over value 10 cents was 100 million MC (do you no what that means LOL). Since you want to compare PIO, it currently is sitting on 2 cents with a market cap of about 21 million. RMX on the other hand is currently 2.7 cents with a market cap of about 9 million. Please explain how this is a pump and dump? If RMX has a market cap of 20 million which is very possible if you compare PIO that would be about 6 cents per share for RMX. So once again please explain. going by your theory if RMX was 100 million market cap today the share price would be 28 cents and yes if that was the case today then it is a pump and dump. But with only 345 million shares on issue and a MC of 9 million it is way too undervalue and is just starting to get re rate as it should.
 
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