RDS 0.00% 0.3¢ redstone resources limited

asx query coming, page-13

  1. 49 Posts.
    Hi Young gun

    U will find on many speck stocks the shares usually rise about a month before or during announcements of drilling commencing.
    I think drilling starts in March/April from old announcements.
    March starts in two days so people are starting to jossle for positions again in anticipation of drilling and results that may follow.

    This happended about march, april last year with redstone as well when drilling was about to begin and as drilling was happening.

    Another example would be Pacrim PRE and
    Excalibre EXm on the start of their drilling ventures.

    This is just to name a few.

    Remember not all are daytraders and short term traders and some just follow the charts and the charts say it is time for redstone to be watched as it is trending up again.

    Also some are taking money off the top of their positions in IPL and Mak for the next mover in the Phosphate and Platinum
    arena. Which may be REDSTONE RDS.
 
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