RMX 0.00% 0.1¢ red mountain mining limited

All aboard the RMX train, page-35

  1. 55 Posts.
    agree totally sigint, but it's not the fact "it's not worth a punt" majority of us current holders are stuck with this company simply because it is now such a loss that it's worth probably more to keep and see what happens rather than take the loss being so early into the new financial year. With a full 12 months ahead before next tax time I will make a decision to cut the loss and leverage against profits but in the mean time hopefully BOD cook some good news up entice some fresh blood and raise back to my buy in level and I am out , and I am sure this would be the same for most of the SH in the current conditions. I would like to point out though that another lithium company on the ASX LIT went from 19c down to 7.5c over a few months and is now back hovering around 15.5-16c currently , and know one saw that coming everyone had almost written this company off and after one good announcement it turned them around in a matter of weeks. So in the back of mind I have a feeling that the RMX BOD might be cooking up something with the Cobalt and I am not just crossing my fingers, something makes me feel as this was meant to happen maybe a massive short was in the recipe I will be keeping a close eye on the volumes over the next coming weeks and if it appears that someone is accumulating I think this might just have a happier ending then what we both are thinking . And yes this is speculative but most of us really understand that the share market is only a gamble for the retailers and the games played by the bigger boys are the real puppet masters, keep an eye on RMX I don't think it's over yet!
 
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