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Ann: Exploration to commence at Mukabe-Kasari, page-219

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NormanW

5,014 Posts.

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21/09/17

11:44

Post #: 27365694
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Originally posted by makattack ↑

When the 3's and 4's were flirting with each other that happened to last a few months, it wasn't a one night stand

There were many less shares then. There were two potential resources (including Red Valley), now there is one. I prefer to look at marketcaps. I am not saying it can't go to 4s short-term, you can never under-estimate speculation but it does mean a pretty decent marketcap for where it is now, which is never before drilled land, and unlikely to be sustained for long if it does reach there without some positive drilling news.

We shouldn't get carried away, it was 1.7c just a week ago, and 1.9c two weeks ago, we haven't even hit break out territory yet.

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I wouldn't exactly say that the red valley project was a potential. And the DRC project was only and barely a proposition that appeared to have a long term strain on it.

RMX Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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