All good mate , we'll just have to agree to totally disagree in regards PSC, and in regards to GPP they just did a CR as well, so not sure why you think that is a better example, contradicting yourself there, but whatever. As far as I'm concerned more often than not a CR at a discount brings the SP back down near that price(PSC asnd GPP being rare examples where a SP went straight up prior to and after a CR because traders/investors didn't care less about the CR due to the fact drill results were on the horizon, not because a CR was about to be done in several weeks time or because the CR raised the price lol), so I think your CR theories about raising a SP are rubbish, and that rules out PSC's money playing any part and as you know they had not started to build a mine either at that point in time, therefore your comment of "Aren't PSCs conditions quite different? They are building a lithium mine aren't they? And they have $16mill in the bank?" was ill founded and you've since tried your best to squirm your way out of by saying 'oh well yeah they didnt have money at that time so I'll resort to saying but, but, but a placement book build was underway, and oh yeah they hadn't started to build a mine but I wont bring that up again either in hope that you forget'
, all just imo of course I'm sure you can respect that
. I'll stick by my PSC comparison on July 1st, where they were at very similar stages to RMX right now yet had over double the MC, showing that RMX is undervalued.
In regards SAS, I gave my reasons why it was a good TA example, due to similar shares on issue, hot stock, very similar consolidation/pivot levels, etc, etc, so will just agree to disagree on that one, the fact that they are in a different sector has nothing to do with TA analysis, why don't you try telling the TA guru's that a bullish engulfing pattern or a cup and handle or whatever pattern is only relevant if the charts are from the same sector, you'd be laughed off the forums.
One thing we can agree on is that this is a hot stock, there is great potential here and that the current MC is cheap compared to whoever you want to compare them to, and the fact we both think this stock has more in it from here or we wouldn't be holding.
GL
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