The first chart shows how the different resource sectors have...

The first chart shows how the different resource sectors have been going over the last 12 months. Coal was not a pretty story after September.



In fact coal has been the worst performing sector over the last 3 months but it looks like it is levelling off now.



Even in this sector RES has had its heart ripped out. Strange when they have money in the bank, competent and confident management who have put their own money into the last placement (several million) and who are strictly keeping to their timelines as well as increasing the size of the resource by purchasing more tenements.


A recent 1:10 consolidation hasn't helped the share price but the trend is flattening out and hopefully will be rising shortly when there is more good news on the way.