Australian (ASX) Stock Market Forum

RMI - Resource Mining Corporation

thanks SGB,

is there anyway i can access datat like this without having to pay for it? as my broker doesnt provide it

Hi prawn

You sure can champ, go to http://www.smh.com.au/business/ and click on
quotes then RMI, Course of Sales in drop box.
You will prob have to sign up first but it is for free.
Ive actually set up a watchlist where I can enter straight to watchlist via opening page.
Hope this helps.
SGB
 
Rmi :eek:

Currently 7.2c and showing signs of life again.
Maybe the assays we're waiting on are about to be released. On the 28 august they said they had sent assays for a further 6 holes. With a turnaround of 3-4 weeks which is about now.
 
rmi sped thru to low 7s on no news :s

good to see that theres decent buy depth at these prices.. hopefully we get an announcement soon!!
 
RMI zoomed to finish the day at 7.9 cents with good 7.5 support. Maybe back on its way to 14 cents in the next few weeks?
Monday will show a good jump in my humber opinion. 2 days to go...
 
I think there is a lot of anticipation being built up for the announcement due any day now. Currently up 10% and high volume could mean we're heading for a bit of a rally:rolleyes:
 
wow this is a very strong move up,

I hope there some positive news coming re Wowo, but then again it could also be a development option on the Argyle Iron project,

I notice RDS is flat so I doubt it had anything to do with the RDS JV,

I'm in 2 minds, while I love the long term potential of RMI, I am also worried by the lack of funding and know that some sort of capital raising is a must,

Will wait to see whats caused to this spike,
 
I'm concerned about this one as well..not sure whether to hold "for its potential" or to step out; at the moment its wait and see.

Some members here still seem keen :confused:
 

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Im holding long term and always have been, but i thing short term strength is weakning, and some results to prop it up certainly wouldnt go astray.

the latest assays must be very very close.
 
i saw tech/a use a 4 hr chart somewhere the last couple of days and have since looked at some stocks on that time frame,, looks interesting. i bought in at 0.074 friday on volume coming in and the break of the last gap down closure.after mondays gap up i held on and expected the gap to get closed, but 0.077 pushed my nerve a bit with the thought of getting out for a profit.my patience now is being rewarded and if my view of a cup and handle evolves then i look forward to 0.11.
 

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Vert has asked me to have a look at RMI from my view. Normally I dont do this but here it is.
From a VSA point of view.
The initial up move was supported with increasing volume.
Spreads were wide so to was the gap up on very high volume.
The bar shows absorbsion of buyers as there is no sustained rise on this bar closing near the open.
At this point as a buyer you'd be looking closely at past price action coupled with the close by price action.

RMI.gif
There are buyers trapped (For sometime) around the 80-85c mark. This is the supply.

Until this is absorbed by new buyers price will remain at this resistance.
The next bar has low volume and shows sellers searching for buyers.
The next bar (25) is an important bar as it tests on volume 77c and finishes off the lows at 81c
The next 2 bars appear to absorb the residual selling and find support at 77c.
Yesterdays bar shows confirmation that supply has been overcome in the near term.
Trading above 90c will show that supply has dried up and the stock can continue in its up move.
Looks good with a technical stop logically at 76c.

RMI2.gif


All charts 240 min

Educational purposes only.
 

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My comments have been confirmed this morning by the software after opening.
 

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Thankyou tech for your time and education on this one, greatly appreciated. Might have to invest in that analysis software soon. :D
 
hey tech/a, what software are you using for analysis.
Be great to get a handle on that information.

Cheers,

J
 
Tradeguider.Is the software used.
There is both Realtime and EOD available.
Excellent for smaller timeframes.
 
Seems like the market had either factored in a gain into the SP OR was singularly unimpressed with the WoWo news.

Down to .066 after a move up to 0.073. Either way leaves one quietly reflectful :(
 
I do not understand the laterite results. How do they relate to the amount of nickel? Can someone please explain this? Thanks
 
Just looking at the opening of RMI, somebody's got an order for 1 million in at 6.8c, maybe somebody know's something that we don't. Still sitting back quietly confident that the board has something significant to announce just around the corner!
 
Yes, noticed this too but was waiting for it to get pulled on open. But didn't... Whoever it is, they aren't chasing to buy though...
 
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