Exciting Trading TodayNice to see RMC up 5% at mid-day. Hard to tell what an up day means right now with:
1. The overall market getting hammered;
2. Copper down the last couple of days;
3. FCX down from recent highs; and,
4. Gold prices up a bit.
I would like to say that the article I posted the other day has this big of an impact but hopefully we all know that isn't true. Maybe people think we are a gold company, we do have some after all. Maybe people are trying to get in before China opens up again next week. Hopefully people know something I don't and the rise indicates great porphyry results pending or a buy out offer iminent. Or maybe it is just an unexplainable day.
Note that REO is way up too albeit on very low volume.
Maybe management has it all figured out. Sell RMC, sell REO, get rich and focus on a new project.
Lots of maybes. Dreaming of dollars.