RE: That's it for meCongratulations on getting out with a modest profit. I have a base of .51 and appear doomed.
Not much reason to be in this stock right now. The markets are terrible with no big upturn in sight and RM won't be producing for years.
Check out the graph in the Baja Mining (bajamining.com) corporate presentation (Page 16 in the June 2011 presentation). The graph shows typical stock pricing going down during delineation and bottoming out in the permitting and early construction phases with a sharp upturn when production is near.
For current action I like Metrocoal (MTE:au). It will be doing another joint venture soon on one of it's coal tenements in Queensland. Metrocoal and Rodinia are on the list of mining stocks put out by caesersreport.com.