Australia's largest stock trading and investment forum Australia's #1 stock forum

RED

0.00%

34.5¢ red 5 limited

why this is a HUGE buy, page-23

First 23 Last

Share
Profile

Follow
troyus

10,849 Posts.

671

09/04/15

19:17

Post #: 15060339
Share

Originally posted by 1ForDaMoney ↑

I am with you troy high risk high reward, therefore a low weighting for portfolio in my gold asset class. I too have been around this stock for ten years too Colin and if you looked at what happened before red actually restarted the project there was massive risk and also massive upside. The upside is still there if it can be realised, will it who's knows. There have been dozens of companies in much worse situations than red. I think the fact that they got the money to restart means they put a compelling case to the money men. To single out red as not informing the market enough is a little harsh , they said it would be six months to fully ramp up and give guidance moving forward so apart from quartelys I don't expect to much till June. KCN and RRL have had some monumental boo boos in the last year or so and not much news in between. For mine, the plant is there, the gold is there and happy to take a punt. By Christmas we will know whether the down rampers have inside info or looking to get a cheap entry point. In between algo trading of larger stocks and the rumour mill of the small caps the Stockmarket as a whole is a load of rubbish. RED,s story will become clear soon. You can take bank interest or buy a ticket and take the ASX roller coaster on it your choice and your choice alone. DYOR.

Expand

Nailed it!
T

RED Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BUX

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

There are more pages in this discussion • 23 more messages in this thread...

First 23 Last

Add RED (ASX) to my watchlist

why this is a HUGE buy, page-23

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News