RMX = second time its been a loser, you should have researched...

First 24 Last

Share
Profile

Follow
lemons

1,681 Posts.

8

11/02/18

15:54

Post #: 30977620
Share

Originally posted by WombatKeith ↑

My time frame is perhaps unrealistic! I would like to see movement upwards pretty much immediately after I buy, and my 10 bags in a steady upward gradient over the year so I can get the CGT relief. Not asking for much really!

I'm usually looking for entry in the under 10c so Big would be BIG for me. But % gain is % gain regardless of the actual sp.

I made some good money 10 or so years ago (most spectacularly with TOX - around $200k profit) but then lost a chunk and was left with no investment funds. getting back into it now and this is why I'm asking.

My two copper plays VXR and CCZ are both from tips from people close to the companies (no insider trading, just relating excitement). I'm especially hopeful about CCZ. My Silica Sand play VRX was found by anagramming the the VXR code in HC and getting excitement on a possible multi billion $ resource for pennies. At the extreme end of things, if they manage to get going, I could be on $10 per year earnings per share for the LOM which would be comfortable retirement money for me.

The others are picked up from HC chatter and my only 'dog' was RMX. To be fair, it is a speccie and may still come good but I'm down 70% at present. That is the rollercoaster of resource speccies - you expect dry holes every now and then.

Everything I hold is in my signature.

Thanks for the time posting and the tips.

Keith

Expand

RMX = second time its been a loser, you should have researched the history. (I got burnt the first time)
Stocks bag on blue sky and markets trends at the time eg pot stocks, lithium/cobalt for electric cars, and so on. Often gold stocks are a good hedge against an uncertain market but the $AUD has to stay down.
IMHO blockchain stocks are now cheap and will reward if crypto currencies run again. At this stage Bitcoin for example has to stay comfortably above $8gran+
Consider stocks that were resilient last week. Maybe its because they have already bottomed and ready to run.
1 Upvote

0 Great analysis

Reply