I believe RDM has had a good review in Mining News and from Bell Potter in the last few days. Along with the huge share price rise by MTN on tuesday.
All of this has attracted attention to the share.
I get the feeling momentum is building and the days of the low twenties are over.
From what I can gather there will be no good news until the end of September. So boredom could well strike and the share price could drop.
I suspect though we are in the middle of a Uranium "Bubble" and just muttering the word Uranium will raise the share price by 50%
I think the rise from low 20's to 33 cents today is a sign that the process has well and truly begun. I think Red Metal is still very good buying at 33c
Red Metal has been able to stay well and truly off peoples Radar Screens. IMO If it gets on the Radar expect the price to jump to 50-60c before they announce anything.
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.45M |
Open | High | Low | Value | Volume |
12.8¢ | 13.0¢ | 12.5¢ | $16.83K | 130.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38685 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 110000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 38685 | 0.120 |
1 | 100000 | 0.115 |
1 | 50000 | 0.110 |
2 | 15500 | 0.105 |
3 | 10001 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 110000 | 2 |
0.135 | 23414 | 2 |
0.140 | 105000 | 3 |
0.145 | 90000 | 1 |
0.150 | 142870 | 5 |
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