RMX 25.0% 0.2¢ red mountain mining limited

Yep anything can happen. PAB recent placement at 5c, share price...

  1. 34,916 Posts.
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    Yep anything can happen. PAB recent placement at 5c, share price dropped to 4c, just now recovered back up past 5c.

    OBJ a few months ago, totally failed placement at 1.5c, dropped to 1c, recently hit high of 3.8c.

    Generally there is usually short-term pain, that's why I'd be a little concerned about RMXO with a short expiry. But bottom line is RMX needed more money to continue with exploration. Share price was .003c, so we should be glad they've been able to substantially increase the share price first.
 
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