RHK 0.72% 70.0¢ red hawk mining limited

anyone catch the size of the 16c bite? massive, page-14

  1. 358 Posts.
    I am new to FMS but would like to state three things:

    1. Fundamentals are very strong. I agree with the previous poster that the take over value of FMS is in the region of $1 plus. Great potential in a proven region.
    2. Technicals. This is the reason I got in - at 14.5. We are looking at very small volume on the trade side until we hit the 15.5 level. Volume has increased dramatically. We are looking at the bottom of the range. Expect .20 - .26 by end Jan. If there was a possibility of a take over, then more towards $1.
    3. Sentiment. Turning positive.
 
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