I was very heavily invested in RDN for a while for their Lithium, got out a little before those poor lithium results but also copped quite a hit as well.
TMG has been frustrating for me; I was in around the 1c level on the basis of their QLD Gold-Antimony project and the thread for it was dead quiet, I was the only one posting....then it exploded and then they started acquiring the NSW projects.
Found out that good old Fibonarchery is connected with it via Bullseye Analytics (some random promotion house based in Singapore with TMG being their only "client" at the time) and I think some of the tenements sold to TMG were owned by or connect with Fibonarchery (google him for anyone who doesn't remember them on HC) and that made sense to why it would get pumped massively high in share price one day with very large trades and new highs only for some days in the Auction for everything to be pulled in an orchestrated manner and then it gap down and then repeat the next day a move up or then move down; nothing orderly about it and makes taking a position just on fundamentals difficult and on technicals even harder when it moves in a disorderly manner.
It's a shame because TMG has a significantly good group of projects in NSW, that land access through for WCC is the sticking point; the woman who owns it doesn't want to provide access to her farmland and was the same with the previous Chinese related group that owned the project.
The acquisition of the US project though is substantial, but that manipulating group continues to be in the trading of it- there's always been "manipulation" on the spec end but the levels TMG has on a daily basis week in and out, is a whole different level.
The Cup and Handle formation though for TMG has completed itself, it broke out from the Handle during the week and the 6.2-6.7c level was the target price of that pattern based on the Cup'd depth.
I think the US Antimony project is possibly better opportunity than what the NSW project is; but it's had its run for now I think and probably will pullback but when ever I've thought that; the same culprits who manipulate it then take it up higher when it goes against basic Technicals rules and they do the same in reverese (when it should rise, it falls). But some of that power is starting to be taken away with more eyes taking notice and US traders/investors now starting to come in as well.
Definitely one to watch though but the volatility and games on it is one to keep an eye on.
