Absolutely and utterly disagree your argument hinges on an overemphasis of short-term price movements, using the recent 20% drop to stir fear, as if such fluctuations are an indicator of the company’s long-term trajectory.
This is a common tactic to create panic among investors, especially in sectors like junior mining, where volatility is the norm. Day-to-day price swings are often influenced by broader market sentiment, temporary factors, or macroeconomic trends, but they are rarely a reflection of the underlying fundamentals.
In the case of Rimfire, the long-term potential is driven by its resource development and exploration activities, which are far more significant than the momentary shifts in the stock price.The mention of "nervous punters" is another attempt to exploit short-term anxieties and create a false narrative around uncertainty.
This ignores the solid groundwork Rimfire is laying with its scandium and cobalt exploration projects. Those who focus on short-term market jitters are likely to miss out on the bigger picture. Exploration and resource development are time-consuming processes that require patience.
The real gains in mining and resource sectors come when significant milestones are hit, such as new discoveries, resource upgrades, or off-take agreements, not from speculating on next week’s price movements.Claiming that the share price is “drifting” is a misleading narrative designed to suggest stagnation when, in reality, the company is making considerable progress on the ground.
Exploration companies like Rimfire often experience temporary price fluctuations, but the long-term trajectory is determined by the success of their exploration results, strategic decisions, and market dynamics for critical minerals. The term “drifting” is intended to foster the impression of inevitable decline, which ignores the substantial exploration work underway at key prospects like Murga and Avondale, which have the potential to add significant value.
By asking for predictions on the stock price for next Friday, the argument also tries to focus attention on speculative, short-term thinking. These types of predictions are inherently unreliable and miss the point of why one invests in resource exploration companies. The real focus should be on the long-term development of the company’s assets, particularly as scandium’s importance grows in high-tech industries.
Scandium’s role in decarbonisation and lightweight materials for aerospace and automotive sectors positions Rimfire well for future growth, yet this argument attempts to draw attention away from those fundamentals by pushing a narrative of constant short-term doubt.
your argument is designed to shake confidence by focusing on short-term market noise rather than the actual progress and potential within Rimfire’s projects. It plays on fear and uncertainty, while conveniently ignoring the real value drivers that make this a strategic long-term play in the critical minerals space.
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $45.32M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $11.70K | 650.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 41264 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 645911 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41264 | 0.017 |
1 | 1000000 | 0.016 |
2 | 838000 | 0.015 |
1 | 500000 | 0.014 |
1 | 76922 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 645911 | 1 |
0.019 | 1014703 | 2 |
0.020 | 23810 | 1 |
0.021 | 337014 | 3 |
0.022 | 1375000 | 2 |
Last trade - 13.16pm 20/06/2025 (20 minute delay) ? |
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