RLK 0.00% $1.80 rolek resources ltd

Almost 3 months of pent up selling here, and combined with a no...

  1. 142 Posts.
    Almost 3 months of pent up selling here, and combined with a no trading situation and a drop in the market over this time, it is not surprising to see the volume at 56.6 million, and sp at 8.1 cents today. Perhaps a few weeks longer to wash out the sellers who want to exit for any number of reasons. I would doubt that any major shareholders are sellers with the near term increase in resources to be announced early in the new year. I reckon the share price will pick up soon - but probably not till after the new year now.
    So, probably good buying at these prices, given the news coming in the next quarter, and start of production in 2012 at Otjo.
 
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