RMX 0.00% 0.1¢ red mountain mining limited

Pity the good news was marred by the discounted shares CR to...

  1. 3,570 Posts.
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    Pity the good news was marred by the discounted shares CR to sophs. Not even a very large amount so my guess is RMX simply grabbing cash early to streamline the way forward.

    The good news of course is that we are going ahead with the DRC and now on more favourable terms than before, so I fully expect prices to recover now that we have some direction on what could be a very lucrative asset.

    Im still expecting a second project to arise short to medium term....just a feeling.

    So now is IMO simply a nice little opportunity to confidently top up. My guess is all this week will provide a discounted opportunity.

    As always, watch for volume.
 
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