Sold my 75% at 15.5c yesterday, it was trade of buy the rumor and sell the news... i had a large holding locked in profits...25% is free carried... I still feel it will move higher longer term but i feel still chance we might see pull back to 13c...yes it seems ridiculas but I knw stocks making $$$ trade under cash holdings...all about sentiment and POG movement in coming weeks and capex required to fund other projects...
I will be watching closely to re-enter as it is one of most undervalued gold producers... My biggest holding in gold stock is EVN, trades at PE 6 and my penny dreadful punt is UML, yes mine life issue but trades less than 50% of cash holdings, expecting a bumper quartely which could give sp 20-50% bump too...multiple mines like EVN is always is safer hold than single mine ventures... 1 mine hits bad grades or breaks down, still have others....if 1 mine,thats it....thats why I still want DRM and RMS merge or takeover....I feel that would be great outcome for both companies...
RMS to close at a 52wk high today, page-71
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Last
$2.15 |
Change
-0.040(1.83%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.17 | $2.13 | $7.211M | 3.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38578 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 217775 | 7 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |