daytrade diaries... october 8, page-29

  1. 9,188 Posts.
    RSN (Renison Consolidated): gold spec with results due. Came across it yesterday. Trading at 0.007/0.008. Could comfortably shoot past 1c-1.5c like LRC did yesterday on high volume. Someone just decided to exercise a convertible not at current prices. They must have been bullish. They took 135mn thats right million shares at current levels. Imagine if someone put up a single 135,000,000 buy? I think whoever took the shares knows results are due and will pump the stock to protect their position.


    ATN: Ashburton Minerals.
    Very cheap copper and gold spec. Well worth a watch. Rick Crabb Chairman and largest SH and your buying in well under he did at these levels.


    8.2 Earthquake in Vanauta. Lets hope no one is hurt. What a lovely part of the world. Were all so lucky to have been born and raised in the most amazing country. And yet its still so easy to take it for granted.




    Regards,
    followme
 
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