RMR 0.00% 4.8¢ ram resources limited

In my opinion, charting on "discovery " type stocks is a waste...

  1. 1,571 Posts.
    lightbulb Created with Sketch. 47
    In my opinion, charting on "discovery " type stocks is a waste of time
    and can lead to serious mis-information.Most Junior exploration stocks
    have little or no cashflow,but have expertise in management related areas
    in terms of the "potential"of a prospect etc.Who would of thought that say,
    oil explorer SSN would go from 1.2 c to over 20c in the light of the absence
    of any reliable charting etc.It is the history of the "ground' that drives discovery
    and investor support for explorers..in SSN case it was the Baken Formation and its history
    of discovery that drove investor confidence not charts..Hence Nova discovery will
    drive RMR support etc..

    Cheers
 
watchlist Created with Sketch. Add RMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.