Well this time last year, I was quite new to HC at the time and was considering buying RES or CCC... I prompted the question on both forums to see what people though, unanimously everyone was slamming RES being a longer term option but the fast money in short term would be made by buying CCC shares
At the time CCC 8c+, RES 50.5c Despite the comments I went with my better judgement and bought RES shares (later bought CCC for 7.5c then sold at about 6.5c) When you consider what's happened since, RES topped $1 at one stage but CCC has only gone down (currently at a 1.8c equivalent to its 7.5c share price) where as RES is slightly under its price, I also added 50% holding to my RES holding a couple weeks ago at 40c
Also expecting big things here, consider MTE is 6years away from production (according to its last presentation) yet their share price seems headed north n close to RES' market cap.. Yet RES are a lot more advanced.
I wasn't expecting too much from RES for the rest of the year but these last couple weeks have been interesting.
RES Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held