RMX 0.00% 0.9¢ red mountain mining limited

DRC potential, page-456

  1. 1,640 Posts.
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    Can't see anyone leaving at this early stage for a number of reasons. Before the Lithium take off last year 250mill in shares roughly changed hands from Oct-Mid Nov 16. Most would have taken the profits thereafter. In the latest trough from say Jul 6 - Aug 23, only 100mill changed hands (excl.Chi-x), some of those also maybe topping up to avg down so not many there to take profit. A lot sitting on losses including sophs who got in at 3c at last raise so cannot see anyone leaving. And why would you with Cobalt project upcoming, quality grades with excellent terms negotiated not to mention potential for another / complimentary project possible. Holding tight. GLAH
 
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