rch overhang has been cleared

Just got back in to town.

Stock has been under pressure do to large shareholder trying to cash out due to problems which I wont expand on. Trust me it was good to get rid of him.

The crossing yesterday was the end of his stock.

New broker just got involved to take that line of stock and is building a stake for his clients now.

RCH is sitting on the big announcement it seems but the rumour is we have a insurance Fund coming on board to inject funding. That rings true.

Rumour is they are still talking to steel companies and similar potential partners.

They are finally getting some traction in the market. Us punters who have been in this for weeks have simply been in early, ahead of the market one might say.

The ducks are lining up finally.

They company apparently expects us to see 6-7 cents next week I'm told. That would be good