It’s not about taking SP from 1c to 10c. That is called a spike on some BS news and traders step in. Maintaining valuation is what this is all about.
I remember a few years ago in one of his AMEC preseo where he proudly claims that some holders congratulated him for doubling their investments. I hope that investor was not buying those spec savers deals with rose tints! I didn’t bother listening to this months preseo. In fact I only listened in on IGO as a holder, busted just a few booth and ignored all those spec reps sprouting their potential. Even BLK was there! sheesh buy them because they are cheap?
What’s the bet he will be there next year chatting about Fisher? Or is it Cobalt, lithium or maybe graphite?
RXL Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held