REZ 0.00% 1.4¢ resources & energy group limited

Ann: East Menzies Gold and Nickel Exploration Update, page-9

  1. 407 Posts.
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    Ohh a bit of life in REZ today. Notably the volume as of late, its small, but has grossly grown over last few days compared to past 6 months. Yes someone is selling at 1.6c, however people are soaking it up. Only 500mill shares on sale, of which 300mill are tied up in top 20, thats 60% of stock in strong hands. These have historically been well held. Obviously 1 of the top 20 are selling, however the will be a new top 20 member to replace that. Can't be too many more shares in the sell off. This will fly once released. Look at the results today and gthe historics, some great numbers there, then take a look at the gold price. All looking good. Should be back to mid 2s in next couple fo weeks, then 3c to high pennies on release of next steps forward. Good times ahead.
 
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