Australian (ASX) Stock Market Forum

If you think that it is about being right or wrong you are missing the point mardo, its not a competition, that's what lottery tickets etc are for.
It's a business, all about getting in based on reality, not what may happen, when it happens then go for it.

Don't go down the track of you vs anyone who doesn't share the same opinion as you, we have already had 6 months of that amateur banter.
It is possible that it will take off, when it does I and many others who treat this as a business will most likely be all over it time and other opportunities permitting.

My :2twocents

Cheers.
nice post. :xyxthumbs
 
Seriously getting up every morning and just hoping and Praying for a positive day---day in day out ---- watching every announcement---swapping hypotheticals----over the last 6 mths while placing your hard earned at risk with NO IDEA what tomorrow will bring let alone the future.

------------:popcorn:
 
Seriously getting up every morning and just hoping and Praying for a positive day---day in day out ---- watching every announcement---swapping hypotheticals----over the last 6 mths while placing your hard earned at risk with NO IDEA what tomorrow will bring let alone the future.

------------:popcorn:

nature of the beast for technical and fundamental.

if we go back to when it jumped off the 1.50ies....back then you had no idea and thought it would drop further to support in the 1.20ies. but along comes an announcement and its sitting at 1.90....then 2.30.
 
What tomorrow will bring i have NO IDEA but who does?
What i do know is i'm up 25k on RED and if it drops back down to the mid $1.80s i'll be buying back in but at some point tho i think it will jump to the next level. I dont think RED will be just a flash in the pan but a successful consistent gold producer. Time will tell and in the meantime i'm collecting on the highs and buying on the lows.:D
 
Volumes going into the Support zone are important.

High volumes indicate Supply and Buyers absorbing supply.
Who will win if that is the case wont be known until one otr the other withdraws.
Supply withdrawl will see support.
Demand withdrawl will see failure and lower prices.

BUT
If there is less than impressive volume that means there is NO DEMAND.
Price is heading to a known support area without any interest from buyers.
Technically this is not good.!!
If support is breached on LOWish volume then RED will be sick for quite a while.

$1.10 ish!!

But all eyes on this current zone.

mrlister
You might want to check terminology used in the analysis.
 

whats interesting is there has been no run up on volume and sp with the market exspecting red to ann how much gold's been produced for the quarter, what ever happened to buy the rumor sell the fact..........Beatle most likely at the mine site, he's been to quite........
 
whats interesting is there has been no run up on volume and sp with the market exspecting red to ann how much gold's been produced for the quarter, what ever happened to buy the rumor sell the fact..........Beatle most likely at the mine site, he's been to quite........

It's just moving with gold price movement.
Take a look it's obvious
 
Might have been an April Fool`s joke too, as I have found their ability to keep shareholders informed borders on the comedy side, only difference is it`s not funny.

Get real, Red management.
 
Might have been an April Fool`s joke too, as I have found their ability to keep shareholders informed borders on the comedy side, only difference is it`s not funny.

Get real, Red management.

Completely agree. The worst part is that the 1st date was part of an investor presentation!!! Welcome aboard new investors, welcome to the overpaid chimps that run this rabble
 
Instead of wasting bandwidth here you should be trading MAD.
As I said if you sit and wait and wait and wait then you have opportunity cost.Bugger what you "Could make"
Get on to what you CAN make.
Find a train and hop on board.
No point in pacing up and down a platform!
 
Instead of wasting bandwidth here you should be trading MAD.
As I said if you sit and wait and wait and wait then you have opportunity cost.Bugger what you "Could make"
Get on to what you CAN make.
Find a train and hop on board.
No point in pacing up and down a platform!

Agree on MAD. But don't you think that train has already departed?
 
Agree on MAD. But don't you think that train has already departed?

Sure has but I havent seen any indication that its about to stop--YET.

Its made 12% today

If I get 1 12% day in a week then Im pretty happy!

Back to RED!
Nothing to report---same old same old.
 
Might have been an April Fool`s joke too, as I have found their ability to keep shareholders informed borders on the comedy side, only difference is it`s not funny.

Get real, Red management.

Very funny!
Don't forget that:

- Dates are set so that holders can look forward to them.
- On time announcements mean things are going to plan.
- Management are busy behind the scenes, but they haven't worked out which scenes or which play.
- Media and communication is for whimps, mining is for men. Producing gold is for...


No harm meant to anyone, including management.
 
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