RNX 20.0% 1.2¢ renegade exploration limited

the year ahead - 2011, page-4

  1. 13,097 Posts.
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    Agreed Nathan,

    A couple of months back, the likes of OVR, MII, IBG were all running hard, along with gold and silver stocks. It's natural for momentum to pause and sometimes it takes months for the buyers to step back in seriously. In the meantime, we've had rare earth, uranium et.al stepping up.

    I've taken a position again this week, after selling for 32c the first time and ploughing everything into PLV. Lucky timing. But it's a LT hold this time and hopefully all the way to production or takeover.
    Buying at this level means that even if the gap below is filled, it makes for a nice average down, without taking on too much more risk.

    One last thing Nathan, have you browsed any of the io miners on the Eyre Peninsula in South Australia? There's one in particular which has me interested. Not a monster but good for 3-400% come dso in 2012...

 
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