A good time to hold/accumulate a few? I think so for the following reasons:
1. Company has advised that drill results are expected this week - should be a price buildup ahead of announcement 2. T+3 traders and those that bought into the initial hype should now have been washed through or have decided to wait out for news. 3. DOW/ASX sell off over last few days seems to have been stemmed with last night's rise on US markets. Will be punter's re-entering the market today looking for bargains. 4. Metal prices back on the rise. 5. RTM prices back well below the highs seen over the last week.
That was my rationale for re-entering the oppies yesterday. Am more comfortable trading these for short term gains than believing that we have another PDN on our hands. This strategy may see me miss out on the big cigar but a few paydays on the way is all good in my books
Zinc
RTM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.