RE:RE:Consolidation period and some technical analysis of RRS My understanding is that UBR is a speculative stock and RRS is an investment stock. Its apple and oranges. People go to UBR (or other speculative companies) to join the obvious pump and dump schemes and try to gain some money so they could invest it in serious companies with long term realistic highly potential with high probability of ssuccess projects like RRS.
It would be funny (and I wouldnt be surprised) if UBR speculators sell their shares and take their profits to join RRS in the near future ! The problem is of course timing, it is clear that some UBR speculators (or any other speculative stock for that matter) will end up holding the bag when the dump begins, not everyone will have access to a saving boat (remember titanic ?), and i wouldnt want to be in the shoes of those loosing their shirts in UBR, because it will be more than painful ! But to each its own ! I prefer investing not speculating.
RRS now is extremely undervalued and yet extremely derisked (fully financed, successful drilling campaign, a successful neighbor) and this could be the last opportunity for real investors to join the company at these riduculously cheap levels before a major breakout happens. The risk/reward opportunity for RRS is simply unheard of in the junior mining space, and those still staying in the sidelines and not joining the plane trip could just be witnsessing a great opportunity in their lifes just passing in front of their eyes.
happy silica investing to all,
stocknews101 wrote:
you guys have been saying this multi bagger on this one since I contemplated buying shares around Xmas. .. stockhouse bloggers said ubr had major potential at 4 cents. . It's now 17.5 cents ... rrs has lots of resistance at current levels and ubr is very strong at its current levels of 200 percent January sp.... do your dd and don't listen to all these bull board users... it's call bull for a reason. .. Sn