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11/10/09
22:13
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By the end of last week, buyers were on the up for RES and sellers were on the way down.
Overall market sentiment is improving and it seems that more money is entering the market.
From a RES perspective, we all know that there is more coal in them there hills - but how much?
Will RES release an estimated amount before the AGM, at the AGM or after it.
I personally think that if it comes at any time, the price will run smoothly and quickly to the $1 and beyond poimt.
IMO, RES is undervalued at the moment and some good news will take it up to and beyond what is a fair market price.
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