GREY:RNKLF - Post by User
Comment by
mathandmasson May 09, 2019 9:32am
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Post# 29728254
RE:RE:RE:RE:RNC Minerals Announces Extension to Higginsville Purchase Op
RE:RE:RE:RE:RNC Minerals Announces Extension to Higginsville Purchase Op
What do you mean "wrong again"? Because it was up 2 cents yesterday? That's expected. The day before it dropped a whole 4 cents. Nothing falls down in straight line unless the company files for bankruptcy protection or something (and even then there are little splashbacks, dead cat bounce). I was right about sliding into 0.30s. I took a little stab at it at 0.355 because I thought the crash was too fast. So now, until 0.20s range I am no longer interested. I am all for RNX going up, but not 2 cents. I want to see 0.70s range. Or at least 0.60. and it could go there but it would take a significant find - a jewelry box. I pray that happens but it's not for certain at all. You know what is certain though? These guys will need money again in 2 months. And they will do another round of financing at whatever the average is around then -10%. And that sucks.