havoline, it's RXM, (Rex Minerals), not RMX (Red Mountain). I've been reading the posts on RXM and while everyone seems aware that are nowhere near producing, they are euphorically counting their eggs before they hatch, as in calculating what the company will be worth some day, if, if, if and more ifs....
I suppose a lot of gold exploration stocks have had their day in the sun, when people dreamed rather than analysed. But without the POG going up, it's going to continue to be hard for every one of them to maintain profitability and I would think it would be even harder for the spekky explorers to get up and running.
SLR Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held
