RMX 0.00% 0.1¢ red mountain mining limited

bargain buying at 1.8 cents, page-71

  1. 13,333 Posts.
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    Hi Integra;

    I agree with your argument and OA's lot safer if you are to hold for long term despite negative news, but hardly few will do that.

    Why would someone pay 50%-60% more to buy OA's instead of O's. If one pays $5500 to buy 500k OA's, he will be paying $3500 to buy 500K RMXO @0.007.

    Now if next couple of announcements are negative and drill results nothing but dust, RMOXA will be trading around 0.001-0.004 (loss of : $3000-4500)and RMXO will be zero. Loss of 3500.

    And I believe SP will not be recovered as buyers will not be touching RMX/Oppies after such a wonderful game played by management just to Pump the SP & also from past year experience. I am holding one long term oppies in another stock and now no body even like to buy at 0.001. Waiting for more than a year to sell it at 0.001-0.002 so that at least can get something out of it. But no buyers at all. Same could happen to RMX as well if they only find dust instead of Gold.

    ALL IMO.






 
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