Would seem to me that a more relevant chart/graph at this point in time for RDS is the "Mining Life Cycle".
In my humble opinion RDS is well and truly in the "Discovery" phase of the cycle which generally speaking lasts for up to two years. With diamond drilling to commence any day now if it hasn't already, this could provide the opportunity for some to exit by selling into positive news.
Given the company had around $2.8M CAB and the expensive deep diamond drilling is about to commence, there is certain to be the need for a large CR in order to undertake the necessary drilling that delineates a resource.
There's no hurry to get on board RDS folks, there's a relatively long road ahead ;)
WC8
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Would seem to me that a more relevant chart/graph at this point...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.701M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $396 | 99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 8939839 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5573943 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 8939839 | 0.004 |
19 | 64717686 | 0.003 |
7 | 5345525 | 0.002 |
8 | 9700000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5573943 | 7 |
0.006 | 663346 | 6 |
0.007 | 1875230 | 6 |
0.008 | 1621100 | 4 |
0.009 | 1853000 | 4 |
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