thoughts, page-15

Hi Scotty and Fastbuck:

I think it's quiet here because, well, not much news. However, I see that aussiestock has lots of chatter about RED, but mainly chartists.
http://www.aussiestockforums.com/forums/showthread.php?t=8971&page=142

I watched the broker video you mentioned (thanks again to the poster to notified us of it) and the issues raised were minor and already known (i.e. sticky ore and water ingress). I check news databases regularly and nothing in the English papers worldwide about Red 5. The recent safety issues in that area of the Philippines may have spooked some wannabe shareholders. I think I mentioned recently that the quarterly report should be arriving soon because last year's came out on 29 July.

But RED's price is probably so low due to neglect, not threats we are unaware of. The neglect effect feeds on itself because the technical traders look for volume and moving average points.