RHK 7.41% 87.0¢ red hawk mining limited

whats your exit point

  1. 87 Posts.
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    Hi all,

    For all of those who currently hold FMS, when are you intending to sell? Obviously you're waiting for the price to go up after an event. Is it:

    - After an (interim) announcement on the current drilling - imminent?

    - Completed results from the current drilling - 6 months away?

    - Completed results from current AND the new tenement drilling - 12 months?

    - Potential takeover - no idea when this would occur.

    - FMS is the next FMG and you believe they will mine themselves, etc... thus holding for years?

    The time frames above are guesses on my behalf. My current exit point is purely numerical - 45 cents.

    If the SP gets there in the short term based on the first tenement, and I feel confident drilling on the second tenement would prove a half-decent resource, then I would sell half my position and hold the rest.

 
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