Ann: Red Mountain discovers ounce per tonne Gold , page-26

re: Ann: Red Mountain discovers ounce per ton... The tell tail upon such a great ANN is that there were no day traders in the mix which provides quick spikes. sometime good sometimes bad. The result of this...... micros with no analyst backing or prior day trading spikes are being left behind in the current market with the fed tapering scarce which has been a problem for micro, nano caps for some time now. On a positive note micros especially rmx are in a great position to ride out the storm for LT investors.
On another positive note there is not alot of ST investors in this stock which there in lies the benefit for LT Investors to see a steady uptrend upon more positive Anns which are not far away indeed.

If you have limited cap to hold leaving now imo is detrimental albeit upon your trading strategy.

Depending on your position now, I see no further reason to sell under these market condition until the december ANN results which will give the unfaithful a time to exit.

One thing to remember ppl is that RMX is flying under the radar so to speak and this will turn around once confidence enters the market again....this could be as long as feb or more than likely once everyone has their position on the fed tapering woes.


GLTA holding here if you can ride out the storm until tapering early year you will see a great influx of volume and interest as seen before.


Rizztech Sold Pty Ltd