RHM 0.00% 30.5¢ richmond mining limited

I may be proven stupid, but I just don't buy this selling. I...

  1. 114 Posts.
    I may be proven stupid, but I just don't buy this selling. I think (hope) its just a slow motion version of the sell down to 33c last week - one last attempt to make a cheap pickup from nervous holders.

    There has been no hint of anything other than positive news. This week a major hurdle for a viable project was covered with the "Exceptional" metallurgy results.
    There was also the small capital raising to "expedite the Buena Vista feasibility studies currently being undertaken". Why would you raise money for this if things were not looking good?

    I may be totally off the mark but I can only see positives.
 
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