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Rusoro Mining Ltd V.RML

Alternate Symbol(s):  RMLFF

Rusoro Mining Ltd. is a Canada-based company. The Company is engaged in the acquisition, exploration, development, and operation of gold mineral properties.


TSXV:RML - Post by User

Bullboard Posts
Post by subsocial97on Oct 23, 2018 7:06pm
110 Views
Post# 28860407

Short Sellers may look to profit as we hit supp in channel

Short Sellers may look to profit as we hit supp in channelWith over 5 million shares shorted on the 16th and who knows how much since the settlement news, they'll most likely be looking to close their positions and BUY as we approach and bounce off our main support line that's been established since the initial run up.

This wasn't the first time we've remained above support and swiftly rebounded into new highs. This is an excellent opporunity to buy with the least amount of risk according to basic technicals. A perfect play on a shorters part. Tight stop for longs.
Bullboard Posts