RHK 0.00% 79.0¢ red hawk mining limited

There has to be a capital raising soon so the dumping of shares...

  1. 677 Posts.
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    There has to be a capital raising soon so the dumping of shares may be in response to a capital raising that appears imminent. Where the shares are now indicates perhaps a 2.2 to 2.5 cents per share raising. Would make sense to sell no and pick them up at a lower price.

    Although a good story is being told it doesn't equate to anything of substance unless it generates a cashflow - if the moon was made of pure gold and it costs more to mine and bring back than it has no real value.

    The clock is ticking and it keeps ticking. A positive spin may keep shareholders happy in the near term, but until the story sets and has meaning we could all be siting around table in a pub telling yarns.

 
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