RHK 0.00% 80.0¢ red hawk mining limited

orchestrated dump, page-70

  1. 3,972 Posts.


    Wombat

    True to an extent. However they all actually have a resource (well the ones I am aware of) and economic factors and future prices will affect as all resources are on cyclical basis. Like Oxiana is supposed to be $7 by now:) However FMS was out of kilt with market cap comparisons from the get go so even if economic forecasts remained positive may well have suffered this drop in s/p anyway. I am not sure I agree all spec should be forgiven for ramping when hype is built into the sector in general and cyclical falls to be expected. It gives poor managers a way out.
 
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