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0.1¢ red mountain mining limited

Initial Results shallow, high grades up to 12.7 grams per tonne gold, page-40

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justinr

698 Posts.

175

06/01/21

11:53

Post #: 49975674
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Originally posted by jpsorbara: ↑

See again... they did the same thing... let 1.9 build up to about 3 odd mil, then wiped it...

its the same pattern over and over... when sellers stop, this thing will again shoot up... like yesterday...once that 1.5/1.6 seller finished, it went easily through to 1.7...

i love this sort of play... it doesnt go up 4-5 pips in one go... it churns at each level... means there are less sellers, as they have had ample opportunities to get out at each pip...

once the hands get tighter though, and it coils.... it will go mental

Catch you all next week not sure if ill be on too much tomorrow an friday.

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Spot on that’s exactly what’s happening and there is only one type of investor that does that.

RMX Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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