Post by
cd673 on Jun 13, 2013 10:05am
Bid/Ask
Can anyone share the bid ask. I'm curious how much resistance there is around the $3 mark. Also, do anyone have an opinion on the lack of volume and price holding now after the nice run we had the last two weeks. Seemed like volume was building, then it just fell off. I hoped news was coming, but based on volume not building like it has in the past pre news, maybe not.
Comment by
unluckey on Jun 13, 2013 10:58am
No vol to speak about in recent trading, bid support down to 2.90 resistance at 3.05. Last weeks move on blogs re possibilities on projects. The action and support in the market at this time is encouraging, as it indicates a good entry point . The stall by Freeport is understandable on their part, its their play on home ice.
Comment by
petersirie on Jun 13, 2013 11:13am
I agree unluckey. If Freeport is truly considering an outright takeout of RMC it's obviously in their interest to suppress the s/p of RMC. If they are stalling or withholding drill results it could mean the results would move the s/p of RMC higher. IMHO IRIE