rmx technical analyst , page-6

Figure 5: EV/Resource comparison explorers

I, like most bought on the high side 3c of RMX. At the time, it looked cheap.
With today's prices, 1.3c is a bargain.

With Patto's figure 5 out today, RMX share price could/should be 9.4c on the high side (IMO). With Pattos and MDO dumping their shares, this was not possible in the last 2/3 months. With them out of the way now, current / new shareholders surely hope to see once RMX starts getting revenue out of the ground, and keep finding new AU vein over the 14kms of drilling to come, the RMX will surely change from a specky stock to a mining stock.

Hopefully, all the day traders who were once on the RMX are onto other hot stocks of the day while RMX quietly goes up in SP like this week on low volume.

All is not bad on the RMX front when you compare to Parbury Mining. Their share price kept going up and up and then suddenly a trading halt with extremely bad news out from nowhere.

Lets just hope RMX Director are doing the right thing for their shareholders!