RDM 0.00% 17.0¢ red metal limited

News: RDM Red Metal Ltd Proposes To Spin Out Maronan Project Through Listing On ASX, page-23

  1. 9,782 Posts.
    lightbulb Created with Sketch. 3485
    just to drill down further on why I'm optimistic in regard to silver price outlook and hence IPO demand (and implied RDM share value upside)

    Silver chart - 15 Minute - clear penant
    https://hotcopper.com.au/data/attachments/3089/3089798-3353b73386a46bf1170bb258ab9b856f.jpg


    Silver Daily chart - another pennant formation- though its had noise as silver usually does being a multitimezone market

    https://hotcopper.com.au/data/attachments/3089/3089807-82fd647a484a52591edffd4f9490af21.jpg

    Silver Monthly - significant similarities between 2010 and now in Silver price formation

    https://hotcopper.com.au/data/attachments/3089/3089825-10205a53238747cb47b3cef8f2d3f65d.jpg





 
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