RMX 0.00% 0.1¢ red mountain mining limited

RMX is going to be mining.RMX has more drilling to come.A hand...

  1. 215 Posts.
    RMX is going to be mining.

    RMX has more drilling to come.

    A hand full of disappointing people on HC. Expectations of price rise eludes them.(ie was expecting another x10 in SP immediately. Emotions running high. Patience has run out.

    Shaking of the tree today. A good thing for bargain hunters on positive news.

    Capital of RMX is circa 10m. (Extremely cheap IMO on what is to come).

    Volatility is a good thing only when SP goes up. Usually, they too go down fast, usually comes with negative news). However, RMX is volatile whether with no news, positive news or negative news.

    At end of day, you have to look at the final picture: price of AU is going up due to tensions in USSR and this will benefit RMX at end of year.

    No point looking at share price every 10 minutes. This will make your blood boil for no reason except that the price you bought now seems over priced.

    More drilling to come.



 
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