People are selling because the results at the moment aren't meeting the hype of January... pure and simple.
Unfortunately there was steady news flow of bonanza trenching results... people got very excited and expected to see that from every drill hole.. which is unrealistic given the geology and geography. Now with mediocre and sporadic results mixed with good people are leaving as there isn't the wow headline of "bonanza". People could also need their dough back and are sick of waiting while other opportunities in gold pass them by with a view to reenter once the sp drops more. Somepeople may have had a gutfull and don't trust management to deliver any longer.
The psychology of investing at this end of town... who really knows bar the individual. I'm holding for now. My RMXO are dead. But I can be patient with my heads.
RMX Price at posting:
1.3¢ Sentiment: None Disclosure: Held
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