Australian (ASX) Stock Market Forum

RMG - RMG Limited

San Saba Pty Ltd and Springfield Minerals Pty Ltd registered in April this year with ASIC.

It will be very interesting to see how the market reacts to this ann.
 
What's there market cap now at about 5 cents? About $25m I think. Seems unreasonable to me now. I've sold half and letting the rest run for a bit.
 
What's there market cap now at about 5 cents? About $25m I think. Seems unreasonable to me now. I've sold half and letting the rest run for a bit.

Kennas, you jinxed it! Topped out at 5c and now panic selling has instilled :cautious:

Had my sell in just above 5c so will have to wait now.....grrrr.

Back in yet?
 
bloody hell kennas :banghead::banghead:

haha

not to enamoured by this acquisition i must say, most of its greenfields...
still, pretty sure this would have been 10 cent if this was done in March, alas its now June...
 
Kennas, you jinxed it! Topped out at 5c and now panic selling has instilled :cautious:

Had my sell in just above 5c so will have to wait now.....grrrr.

Back in yet?
:( Sorry Alf. No, not back in. I'm just going to leave what's left to ride. My own plan was to always sell half on the announcement. I thought that day traders would have jumped on it causing an unrealistic run. It might go a bit higher, but once day traders jump off, it's fundamentals will start to be examined and understood. And they haven't given us much to examine really. No maps of the tenements? What the? :confused: Wait and see now for me.
 
Yeh thats what i thought about PDN at $5.50 :banghead:

Its a bullmarket Kennas. You gotta milk those winners.
Thanks for the advice Niz. :) I'll get my exits right one day. I'll keep that bullmarket plan in my mind for next time. ;)
 
Thanks for the advice Niz. :) I'll get my exits right one day. I'll keep that bullmarket plan in my mind for next time. ;)

lol, I dunno Kennas I think you did pretty well with this one, has dropped of a bit. That crystal ball must still be working okay:p:.
 
Seems to be still interest in this one. Has anyone got any thoughts on this as to whether this has potential to develop into something?
 
I do like this one and might be one to watch in the coming weeks. I have a bit of theory Ive been working on with a connection between Holloman Corp (from the ann) and RMG. It seems a company was registered in the name Holloman Oil and Gas Limited in June 2006. Holloman Corp & Holloman Oil and Gas are joint owners of PEL licenses in the Cooper basin SA(PEL 108, 109, 112). The Licenses have just been suspensed from March 07 till July 27 07. The contact details for Holloman Oil and Gas Limited is Andrew Dimsey who is starting up an IPO float(Odin Energy Limited) on 2 August 2007 in the Cooper basin area in SA. They already have a joint ownership PEL 106 license with Red Sky Energy Ltd who also are active in this area. Keep an eye on Red Sky Energy and Odin Energy Limited.
 
Golly, so much for the cup n handle! This sock's stinking like a stone. Its down almost 50% from Kennas' spike a month ago, and down 13% today. Anyone have any ideas?
 
Has gone very quiet on this one. Is there anyone sitting on this who has any news as to future direction? AGM on the 31st August with holloman taking 60 million share position but dont expect any new news out of that.:confused:
 
Its not a u explorer yet until the shareholders ok it. It would be silly for us not to but then you can never act too fast. ;)
 
Time for an update on this one. Holloman Minerals has taken 60million shares position in RMG. Announcement today has RMG registered address and place of business now the same place as Holloman Minerals.
SP has moved up 35% in the last 10 days volumes are higher but not outstanding yet.
It does seem that Holloman Minerals are moving into position in Australia with another subsidiary PKT moving along outstandingly ( 60% ) this month.

To quote from Holloman Corp website:

Holloman Corporation, through its Australian subsidiary Holloman Minerals, Ltd. ("HML") and its related companies, (RMG) (PKT) etc, is a junior explorer for uranium and other minerals in Queensland and South Australia. With headquarters in Perth, HML controls the exploration rights to 4 million acres of highly prospective property in existing mineralized areas. A subsidiary company Tech Exploration provides mineral drilling and exploration services to the Australian mining industry
 
Some additional info from Brantley on TopStocks

http://www.topstocks.com.au/asx_dis...dpost&pid=158399&fid=1405#d3Kwmz77-w341158399

ASX:RMG The RMG/Holloman "Dots" continue to connect
Post #158399 by: Brantley 1,006,930 Rank Points
Reads: 7 Position: Holds Report Abuse 17-10-2007 20:05
IP 124.149.xxx.xxx

PRO Member
HI ALL,

As we have been watching the "Dots" continue to connect.

RMG Announcement - Change of address - RMG now located at the same address as the related resource companies related to Holloman and PKT (Adavale Resources) (See Below).

For additional information and "Dots" that connect please see post:

http://www.hotcopper.com.au/post_single50....G&MSGNO=2192973


JMHO with all the "Resource" entities moving to the same address we should see an announcement soon. Time will tell...

Cheers,
Brantley

http://www.hollomancorp.com/partnerships.html

**********************************

# RMG Unit 8-9, 88 Forrest Street. Cottesloe WA 6011

# HOLLOMAN MINERALS LIMITED Unit 8-9, 88 Forrest Street. Cottesloe WA 6011

# Holloman Oil and Gas Limited Unit 8-9, 88 Forrest Street. Cottesloe WA 6011


# Adavale Resources U8-9 88 Forrest Street, Cottesloe, PERTH, WA AUSTRALIA 6011

********************************************

RMG LIMITED
Unit 8-9
88 Forrest Street Telephone: + 61 8 6461 6840
Cottesloe Western Australia 6011 Facsimile: + 61 8 9286 2900
Australia

17 October 2007

Company Announcements Office
ASX Limited By e-Lodgement

Dear Sir/Madam

CHANGE OF REGISTERED OFFICE AND PRINCIPAL PLACE OF BUSINESS

The registered office and principal place of business has changed to:

Unit 8-9
88 Forrest Street
Cottesloe WA 6011


Phone: 08 6461 6840
Fax: 08 9286 2900
PO Box 968
Cottesloe WA 6911

************************


Time for an update on this one. Holloman Minerals has taken 60million shares position in RMG. Announcement today has RMG registered address and place of business now the same place as Holloman Minerals.
SP has moved up 35% in the last 10 days volumes are higher but not outstanding yet.
It does seem that Holloman Minerals are moving into position in Australia with another subsidiary PKT moving along outstandingly ( 60% ) this month.

To quote from Holloman Corp website:

Holloman Corporation, through its Australian subsidiary Holloman Minerals, Ltd. ("HML") and its related companies, (RMG) (PKT) etc, is a junior explorer for uranium and other minerals in Queensland and South Australia. With headquarters in Perth, HML controls the exploration rights to 4 million acres of highly prospective property in existing mineralized areas. A subsidiary company Tech Exploration provides mineral drilling and exploration services to the Australian mining industry
 
Some unusual action today.

Pump and dump or accumulation?

Share price open at 2.4c and hit 3c.

Currently 2.7c (up 12.5%).

Lot of buying.

No news.
 
Some unusual action today.

Pump and dump or accumulation?

Share price open at 2.4c and hit 3c.

Currently 2.7c (up 12.5%).

Lot of buying.

No news.


AGM last Friday maybe someone has gotten word of impending announcements and are taking a position. Certainly hope so have been riding this one for near 6 months awaiting the Holloman connection to become a lot clearer.:cool:
 
Big pull back today but on almost no volume. Strange that things have gone quiet all of a sudden after yesterdays flurry. Tomorrow will be interesting. Anyone know anything yet?
 
Big pull back today but on almost no volume. Strange that things have gone quiet all of a sudden after yesterdays flurry. Tomorrow will be interesting. Anyone know anything yet?

20 million volume yesterday and only 2 million today. Back to where it started yesterday at 2.4 cents. If it was accumulation yesterday it wasnt very smart to let it run up so high so quick. Possible manipulation yesterday to shake out some small time speculators but really anyone could have accumulated easily at lower prices lately unless there is an impending announcement and someone wanted to get in at any price? Meaning todays action was just a few day trader profit takers.:confused:
 
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