Hey mate, I am now finding a number of ASX companies pitching themselves with more than they actually have. We have entered a period of gold fever and it is definitely caveat emptor. As Mark Twain is reputed to have said: "a gold mine is a hole in the ground with a liar standing at the top of it". At least today we have more regulatory processes to prevent this and we have things like JORC standards
I am not accusing this company of lying but watch out for the spin which you seem to have picked up. Hyperbole as to prospects (e.g. "Potential to discover multiple giant size gold deposits"); .repeated use of the word "potential"; references to adjacent mines or finds; references to comparable geology, even if housands of miles or even continents away, etc, etc. Often, it is the extent to which certain words are used rather than the words themselves that give the clue.
Yes, this company is exploring and you need to interpret accordingly and assign an appropriate risk factor (only about 1 in 15 explorers succeed). I am not saying that RML will not find economic gold (ie JORC reserves). Who knows -absolutely no-one at this stage. Hence, continue to be discerning and learn who you can trust.
Now stand back for the attacks on me because there are plenty of traders on HC who want to fool you too so that they can take advantage of SP movements; as well as the "absolute believers" who only ever believe that their stocks are going to hit the roof.
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RML
resolution minerals ltd
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7.9¢

Ann: Notice of Investor Presentation - Noosa Mining Conference, page-19
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Last
7.9¢ |
Change
-0.002(2.47%) |
Mkt cap ! $52.75M |
Open | High | Low | Value | Volume |
8.2¢ | 8.3¢ | 7.6¢ | $1.149M | 14.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 155 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 13133 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 496700 | 0.076 |
10 | 429665 | 0.075 |
1 | 400000 | 0.074 |
4 | 1169105 | 0.073 |
2 | 89058 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 13133 | 1 |
0.081 | 120000 | 1 |
0.082 | 358839 | 3 |
0.083 | 218309 | 3 |
0.084 | 231974 | 2 |
Last trade - 16.11pm 28/07/2025 (20 minute delay) ? |
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RML (ASX) Chart |