RMX 0.00% 0.1¢ red mountain mining limited

high grade drilling intersections from south w, page-76

  1. 13,333 Posts.
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    Breaks were put in at 1.6-1.8 as it was trying to climbed up. Once, buyers dried up at 1.5 it moved to 1.5 - 1.7c keeping big volume on sell side. Though, RMX could be a good stock for long term, the games will be played for short term taking some nervous holders/traders out of it.

    Today's dumping could be from T+1 trader, who bought yesterday thinking it will keep climbing. Probably he doesn't have money for settlement and decided to sell off.

    Above all just my thoughts and opinion.

    Please DYOR.
 
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