RMP 0.00% 1.7¢ red emperor resources nl

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  1. 6,675 Posts.
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    There is not much loose stock around and if one is patient it is sometimes possible to spring form the shadows and add to core, like recent touch to 3.7, substantially under cash backing.

    So far thats all this baby is, a cash box with tight register and low share cap for an oiler. Wonder if they will sell Georgian assets and for how much (?)

    Reality is when its time for this to move, it will move in leaps. All the selling for tax loss was done last FY. Now its just boredom. I snipe when cheap stock appears and happy to continue doing so for core until some field activity is again signaled ... then I hold onto what i have really tight and start buying the trading parcels as well.

    Its day will come and when it does it will be difficult to chase it.

    Meanwhile recent interest buying appeared again but to no real avail for size ... as the technical base expands and the technical coil compresses.

    I know I am going to really love this vehicle set for travel. Managed to snipe away a few more at the lows when no-one was looking.

    The Phantom.

 
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Currently unlisted public company.

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