Daily Discussion, page-2953

I haven't made a dime out of Raiden Resources yet. I've accumulated since early August 23, now 1.3 m shares. Many would say I'm an idiot for not locking in profits.

I'm not an expert on lithium geology, me more of a chartist, what I like is that R.R made it's move on the charts about 3 months ago and sure it's up 350% in that time, but it has not exploded up the charts like others for eg. Wild Cat Resources, which is up about 1300% when it made its move back in May of this year. Sure you can't compare apples to oranges, plus I am not critical of WC8 (I also have shares) which I see going higher in sp. R.R. has had its parabolic days in sp but they have all been followed by days with healthy pullbacks in sp.

I value hot copper immensely for some of the minds on mines for eg. mode1971, and others brilliant commentary on the geology and also others for fundamentals. I was probably the first to advise HC followers of R.Rs move the other day, I posted twice on different rdn threads. I only said it was going up heavily because I could see retests had been completely broken and I was 99% sure it was breaking-out.

I may look like a bot, but don't be fooled by profile pic, I am looking for the big moves up in sp, holding longer for taxation discounts (>12months Aust). But I also swing trade.

But nothing is certain on any company getting fatter & fatter in market cap following big moves in sp to the upside. I like to call it, calculated gambling & mathematics was and is my best & favourite subject.

Good luck to all holders of Raiden Resources. We want positive news again posted in the next couple of weeks. Macro-economic data coming out of the USA has been very favourable this week in relation to interest rates at least in the USA, if this continues & its my feeling it will, we will have a nice Santa rally which might've already commenced. But the news (asx announcements) posted by Raiden will be the main driver of sentiment going forwards.