It’s extremely demanding to prove insider trading, I want to be crystal clear that I’m not instigating any wrong doing here however it’s particularly challenging what appears on the surface is investors were selling out to reduce losses prior to the announcement & hence why the ASX has continuous disclosure requirements.
Red Mountain Mining Ltd (RMX or Company) is pleased to advise that it has reached target depth of 1,000 feet for drill hole 1 at Red Valley. Samples have been taken and will undergo laboratory analysis. The drill rig is being mobilised to the site for the second drill hole location, and drilling is anticipated to begin shortly. Dated of ann 1st May 2017
As of the first of May the SP was 3.3c and started its decent..
Let's hope DD on the cobalt restores some credibility for management GLTA
RMX Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
