Sound advice J8. C&G, you could buy a whole bunch of speccies & end up with 9 losers & one winner - that is the nature of the penny dreadful sector. You seem to have faith in RMG (I do too) but I wouldn't invest more than you can afford to tear up & keep as informed as you can & that just doesn't mean reading HC.
Trawl the internet via google for info on individual substantial holders, management, nearby tenements, go to AGM's etc. The other advice (though not professional so DYOR) is set a figure (realistic) that you'd be happy to exit with. Perhaps when it hits that figure, recover your principle cost so you then have what's called a 'free carry'.
Remember above all that the ASX is not a sure fire place to make money either in the short term or long term. You can be lucky & get in just before something takes off but chances are you'll be in for a long slog with lots of ups & downs.
RMG Price at posting:
0.8¢ Sentiment: ST Buy Disclosure: Held
