Australian (ASX) Stock Market Forum

VAU - Vault Minerals

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fastbuck1 said:
the panick is fear of not knowing, have seen this back in 2008 when red dropped to .028 with its cash backing @.06
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So even with all the announcements your sure holders of RED are panicking .
Sure it's not simply a case of no interest.
I don't see panic I see slow bleeding.

Gold drops RED drops.
 
tech/a said:
So even with all the announcements your sure holders of RED are panicking .
Sure it's not simply a case of no interest.
I don't see panic I see slow bleeding.

Gold drops RED drops.
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people will also sell on hope of further sp decline so they can buy back in at a lower price.......
 
fastbuck1 said:
people will also sell on hope of further sp decline so they can buy back in at a lower price.......
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Yes and the sooner they did that-----the better their chances ($2.30 ish).
But many will sell never to return.
 
Interesting that beetle hasn't been seen since this stock started its rapid decent. Hope he didn't loan against the house to buy more stock when it was great value.
 
dave1234 said:
Interesting that beetle hasn't been seen since this stock started its rapid decent. Hope he didn't loan against the house to buy more stock when it was great value.
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Probably can`t face the music, though I`d prefer that that isn`t the case. It would be good to hear what he currently thinks but alas it may be more of the same. Nothing worse than having to go hide under a rock. Mighty cold there.
 
Buckfont said:
Probably can`t face the music, though I`d prefer that that isn`t the case. It would be good to hear what he currently thinks but alas it may be more of the same. Nothing worse than having to go hide under a rock. Mighty cold there.
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Beetles last post was back in march, i recently sent him a private message but no reply as yet.....very strange indeed.
 
dave1234 said:
Interesting that beetle hasn't been seen since this stock started its rapid decent. Hope he didn't loan against the house to buy more stock when it was great value.
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Doubt the stocks decline has anything to do with it.

Red went from $1.80 to $2.30 last September for the gold pour announcement, then down to $1.60ish and beatle kept on posting..

Hope he comes back soon
 
IMO REDs a good buy and so are a lot of the gold stocks atm. NCM ect have been hit badly over the last few months.
But this is Only a good buy if your bullish on gold.
Bit of a bounce back overnight testing time.
RED in particular having the dry season and production in full swing by the end of next quarter should be interesting. A doubt we'll hear any new announcements until then going on management previous record.
I sold out a few weeks ago in Red but have been slowly buying back in at $1.30.
Of course that doesn't mean it cant go lower. Maybe Tech knows more.
 
Gold up 2.5% ATM. Should see some more interest today you would hope. Nst had a really good day today, maybe more value will be seen here now?
 
Today the correlation with gold price will become clear.

There are lower risk entries at this level.

The concern for me is that price will rise then plateau for a very long period.
 
tech/a said:
Today the correlation with gold price will become clear.

There are lower risk entries at this level.

The concern for me is that price will rise then plateau for a very long period.
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What do you class as a very long period? Im looking at selling again at around $1.50. Thats where i feel it will sit at least until REDs next announcement.
Tech what are your thoughts providing gold stays between 1500 1600 for the next few months?
 
jancha said:
What do you class as a very long period? Im looking at selling again at around $1.50. Thats where i feel it will sit at least until REDs next announcement.
Tech what are your thoughts providing gold stays between 1500 1600 for the next few months?
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Well if its not clear to the masses that REDS price is driven by the gold price and very little by its announcements then they need their head RED.

If gold stays between 1500 and 1600 for the next few months then RED will stagnate until it moves.
If it dives there are going to be some pretty un happy beatles---urr peoples
 
Little old RED popped up in a review of patterns tonight.
A couple of potential target areas if it breaks out below that the last few days.

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Off to the Phillipines this week and will be checking RED out for myself.
Who knows i may even find a trail of empty red bottles that will lead to the missing Beatle.
 
jancha said:
Off to the Phillipines this week and will be checking RED out for myself.
Who knows i may even find a trail of empty red bottles that will lead to the missing Beatle.
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There was that report of someone falling down the mine early this year? Has he been spotted after that?
 
Boggo said:
Little old RED popped up in a review of patterns tonight.
A couple of potential target areas if it breaks out below that the last few days.

(click to expand)
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Then there is tech stating its driven by gold prices. But then again that chart also looks very similar to when it shot up in January! Are you looking to buy in and want prices lower?
 
mrlister said:
Are you looking to buy in and want prices lower?
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Its just one of about 30 that have hit potential turning points (wave 2, 3, 4 or ABC correction) which places them on a secondary watchlist.
There is still nothing special about RED, it is really just a 15 cent stock with poor volume that could have a couple of profitable days in it for the nimble or maybe a longer period if it turns convincingly at predictable points.
 
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