greggles
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Lots of potential and expectations. Take a look at the Lamil Project JV they have with A1M in the Paterson Province. That could be a huge deposit as well.
RTR - Rumble Resources
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Lots of potential and expectations. Take a look at the Lamil Project JV they have with A1M in the Paterson Province. That could be a huge deposit as well.
Sean K
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Stockbailx
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RTR's short term assets (A$4.9M) exceed its long term liabilities (A$5.3K).
RTR's short term assets (A$4.9M) exceed its short term liabilities (A$998.6K).
In good financial health. Debt free....A real gold digger, hits the jackpot... A young ambitish company that can go a long way'''''
RTR's short term assets (A$4.9M) exceed its short term liabilities (A$998.6K).
In good financial health. Debt free....A real gold digger, hits the jackpot... A young ambitish company that can go a long way'''''
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Stockbailx
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Good pick up Kennas, On the rise this morning. I think the profit compound of RTR. Will excel the trade through the roof for a little while now. Perhaps over 300% for the month.
doogie_goes_off
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Might be some value in the nearology at BLZ. Castle minerals and others have already had a run on their second rate land grab. But BLZ is the new next door neighbour.
Stockbailx
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Are you suggesting RTR will crash and burn. I hate to figure it...BLZ feel from grace but RTR will continue to scrap up enough revenue to stay afloat. It may have lost its surge for now but i can see it regaining on profit compound...
(quote)...
Plus, there is a buzz around Rumble’s impending zinc-lead assays and IGO prepares to start drilling at Boadicea’s Fraser Range plot. The copper stocks weren’t in need of a confidence boost with the red metal…
There’s lots of excitement in Perth mining circles about what Rumble (RTR) is on to at its Earaheedy zinc-lead project, 110km north of Wiluna. Much more...
rtr 1yr blz 1yr chart
(quote)...
Plus, there is a buzz around Rumble’s impending zinc-lead assays and IGO prepares to start drilling at Boadicea’s Fraser Range plot. The copper stocks weren’t in need of a confidence boost with the red metal…
There’s lots of excitement in Perth mining circles about what Rumble (RTR) is on to at its Earaheedy zinc-lead project, 110km north of Wiluna. Much more...
rtr 1yr blz 1yr chart
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doogie_goes_off
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RTR fairly valued but the impending release of assays will probably see another squirt, I expect many of the traders will get out after that. The two rushed holes are likely the best mineralised although Zn can be tricky to estimate from visuals. No doubt the resource will be big. Pushing 30Mt after the current drilling I'd have thought, but at what grade? Then there needs to be a consolidation before the drill out and feasability etc. All I was saying was that BLZ hadn't moved as much as the other players who acquired ground in the basin, with the along strike ground from RTR they are in the box seat to add to the discovery much like TRT and VMS are good bets next to Chalice. Charts mean nothing in this case of fundamental chance of discovery IMO.
Stockbailx
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With the XML, XAO being down all of last week. RTR has followed suit....Would expect buyers to get back on board.. The early trends we should look for to identify a stock that could multiply in value over the long term? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Rumble Resources and its trend of ROCE. Would expect RTR to up all week...XMJ Chart
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greggles
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To be fair, if the Castle Minerals license applications are granted they will be a next door neighbour too, just on a different side.
Stockbailx
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RTR announce commencement of drilling programme. " Maybe see some of that compound go to work "
Stockbailx
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greggles
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The RTR share price continues to decline from its highs of early May. It hit a low of 40c today and closed at 48c, off 9.43% from yesterday's close of 53c. This is despite a few announcements today, one of which is a presentation on advancing the Earaheedy Discovery.
Additional drilling has started to define the Chinook Prospect.
Obviously there are a lot of questions being asked about how much ore Rumble actually has at Earaheedy, and there is a lot of work yet to be done.
RTR have a number of other projects. The Lamil Project JV with A1M could be much bigger than Earaheedy, but there is still a lot of drilling to be done there. It's still early days on a number of fronts for RTR.
Additional drilling has started to define the Chinook Prospect.
Obviously there are a lot of questions being asked about how much ore Rumble actually has at Earaheedy, and there is a lot of work yet to be done.
RTR have a number of other projects. The Lamil Project JV with A1M could be much bigger than Earaheedy, but there is still a lot of drilling to be done there. It's still early days on a number of fronts for RTR.
TechnoCap
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smacked between the eyeballs of late
the debutante has embedded itself into the game and is quickly realising it has more competition for investors than initially expected
great prospects but clearly the hype has fizzled somewhat...
Sean K
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The results on 2 June and price action may have shaken some punters out of RTR. Looks to have steadied a bit.
Not sure why it was so smashed, I've just been through the results again and they were similar to what caused it to spike. Maybe just too much heat.
Other factor may have been the Chinook results to the north that weren't as good and there's some hope that the entire 12km of strike was going to be similar to Magazine.
They also need their application for ELA69/3787 to the west to be approved because it looks like the strike might go through it.
Not sure why it was so smashed, I've just been through the results again and they were similar to what caused it to spike. Maybe just too much heat.
Other factor may have been the Chinook results to the north that weren't as good and there's some hope that the entire 12km of strike was going to be similar to Magazine.
They also need their application for ELA69/3787 to the west to be approved because it looks like the strike might go through it.
greggles
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I think it got ahead of itself a little and probably shot up too high on a lot of speculation. With a lot of traders on board that inevitably resulted in a big sell off. Those who had gotten in were already in and there were too many profit takers and not enough buyers after the excitement wore off. So down she went...
I don't think we're going to see too much in way of share price gains for RTR in the short term (although that's just an opinion, I could be wrong). I'm wondering which of the other exploration license holders in the Earaheedy Basin are next to do an RTR. There has been a bit of of a nearology effect already with a few companies, but which of them will actually have drilling success? How prospective is this area?
doogie_goes_off
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Only those 'along strike' (around the basin margin) with feeder faults and the prospective unconformity are set for potential success. All the down dip tenure toward the middle of the basin is tenuous nearology. With grades like 5% you need some tonnes near surface. There's 2 kinds of next door and one of them is on a barren highway and the other is the next mansion. I'll let you decide which plots are which.
RTR will have significant contained metal - should justify a long term hold for those wanting exposure to zinc and similarly Zenith.
greggles
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RTR back in an uptrend after a few weeks of a slow but steady share price decline. No news recently but it looks like it has found bottom for now. Up 12.77% today to 53c and back to looking bullish again.
Stockbailx
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Good to see it's back in action, this trade had me going for a minute, when i thought it was really going places after its surge from 1c to 75c. i really thought it was compounded enough to with stand it latest fall from grace. An investors nightmare to 4c. Good to see it recover back into bull territory. Will the asset hold up to it glory...I see further declines on the way...
Sean K
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This should wake up the punters, perhaps. Unless it's factored in.
Looks like the mineralisation is going to run into the ELA to the West, so they must be pretty anxious to have that approved.
Looks like the mineralisation is going to run into the ELA to the West, so they must be pretty anxious to have that approved.
