SRX 0.00% 13.0¢ sierra rutile holdings limited

equipment tends to get broken from time to time, you never...

  1. 440 Posts.
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    equipment tends to get broken from time to time, you never know.. i would be more worried about elections outcome, once it all sorted there peacefully, no worries at all from that moment..

    the fact they switched to HMC is a good sign to me, indicates the business management is smart and flexible, they've got into some rare-earth market territory which started off just recently...


    there is obviously a bottom for rutile market at the moment, which means its the time of opportunity to buy cheap.. not to forget, SRX sits on 20% of world rutile reserve, this is equal to that available in Ukraine - another major player in the industry which is obviously out of the game for the nearest future or longer ahead.. once demand is back i expect srx to explode similar to the coal producers not a long time ago..

    i can see subtle heavy accumulation on top of the deep today, thats why it did not dive into teens, looks like someone knows more than us, my thought again..

    (i noticed that trick yesterday when they put large selling orders at much higher prices so to let public to believe that selling side is bigger that it actually is)
    https://hotcopper.com.au/data/attachments/5350/5350013-b24c043e4bd97400abe6079ea493c419.jpg
 
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