GREY:STTYF - Post by User
Post by
mineplanner08on Sep 09, 2011 10:40pm
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Post# 19028777
Royal Coal
Royal CoalWe have a streaming agreement with Royal Coal. Year to date, the stock price has plummeted (RDA.V). Below is a post I just made on the RDA board: Started a relatively small speculative position this past week at 0.095 to 0.1. It may not be the bottom but I'll take my chances that it is. Found my way here from being a Sandstorm holder.Some reasons:-Insider buying-Speaking with Sandstorm, they fully expect RDA to achieve constant production and roll over lower price legacy contracts over the next few quarters.-Bullish signals on the chart. (MACD +ve divergence and hammer candles on daily AND weekly charts) GLL, DYODD