VAU - Vault Minerals

[jancha]

Just tracking the gold price isn't it?

That plus the other factors. Dont think all the gold stocks have jumped 30% in the last few weeks. RED was at a low $1.185 then. Was just a good opportunity for those with confident in RED to bounce back after a large sell off. Blue skys ahead...who knows but at least they're have sorted out the silt issue and in full production now. Next quarterly should tell.

 

[Boggo]

RED looking fairly good. A nice bounce back from $1.20 now @ $1.70. Silt doesn't seem to be an issue now as reflected in the price.
Note: how Boogo only appears on this thread when RED drops. I guess he's the opposite of if you dont have anything positive to say dont say anything. Still waiting for that $1 forcast Boogo?

Oh dear jancha, you are so out of touch with how stocks are traded that it really is embarrassing to watch.
While you are reading (your rehashed every couple of months) silt reports others are getting on with extracting money from the predictable behaviour of those who are totally and constantly dependant on company reports for guidance.

Not sure why I bother to respond to childish comments, maybe I am hoping that the penny might drop but I doubt it as you seem to be a life member of the 95% community can't consistently make a quid but are never short of rocket scientist comments.
Maybe you need to grow up and stop lowering the standard of this forum to those of forae that would be better suited to being a part of.

It's as simple as this jacha, identify crowd mentality and silty reports behaviour utthedoor:
Waiting (not holding my breath) for your enlightening method
(click to expand)

 

[Boggo]

Just tracking the gold price isn't it?

Yep, that and the silt following masses behaving predictably.
At its hight today it is back to where it was in August 2011 - good investment

Lets compare that with a real gold miner, RRL was around $2.60 in August 2011

 

[Boggo]

...who knows but at least they're have sorted out the silt issue and in full production now. Next quarterly should tell.

I think I just found your method, I rest my case

 

[jancha]

I think I just found your method, I rest my case

Good to see a typical response from you Boogo.
Point one you wouldn't have a clue to what method of trading i use but i can say I dont sit and look at a cyrstal ball all day as you do.
At least i'm open minded to all indicators technically and fundamentally.
As you keep pointing out RED hasn't gained any ground over the years but even blind freddie knows you can still make a profit on trading it. Hell who wants a stock that just sits at the same level. Who cares where it was 2years ago. Jeez i thought you had more brains than that! RED was $1.185 two weeks ago. Where is it now you guru? Up 30%! No longer holding by the way but does'nt mean i wont be later on. (I'll let you know when you should buy back in by the charts.lol)
A silly question for you is why do bother posting comments on this thread when your just not interested RED. You only tend to jump on the thread when RED tumbles. Like stirring the pot hey.
Anyway your right on one thing and it is childish as are your statements so why dont you stick to treads that you are interested in as i do?
Wish i could be like your a legend

 

[Trembling Hand]

A silly question for you is why do bother posting comments on this thread when your just not interested RED. You only tend to jump on the thread when RED tumbles. Like stirring the pot hey.

Geezus this is childish. I feel like I'm reading a transcript from a prep school playground.

Grow up it was you that stated the rubbish with your post at 2:00 pm. Post like yours make this a much poorer place to be.

 

[jancha]

Geezus this is childish. I feel like I'm reading a transcript from a prep school playground.

Grow up it was you that stated the rubbish with your post at 2:00 pm. Post like yours make this a much poorer place to be.

Dont read it then. You do have an option.
So called rubbish is exactly what i'm talking about. Wait when RED drops again and see what i mean with the ill directed rubbish thats posted by the above. That's is childish. Just thought i'd get in first and make a point of it. Boogo's been predicting $1 everytime RED drops. Nothing positive and no interest in the stock so i suggest if you dont have an interest in it you do the same.

 

[Joe Blow]

RED looking fairly good. A nice bounce back from $1.20 now @ $1.70. Silt doesn't seem to be an issue now as reflected in the price.

Jancha, your post was fine up until this point. Then...

Note: how Boogo only appears on this thread when RED drops. I guess he's the opposite of if you dont have anything positive to say dont say anything. Still waiting for that $1 forcast Boogo?

...you decided to attack Boggo without any provocation at all, which was what caused the conflict in the next few posts.

I have said it many times before and I will say it again: It is not a personal attack on holders to present bearish analysis on a particular stock. If a company's share price is looking weak there is nothing wrong with pointing it out, including making observations about previous levels of support. If only those holding a stock were entitled to comment on it, all we would ever get is a slanted bullish view rather than a more balanced one. All perspectives are both permitted and encouraged so those considering buying in have a variety of points of view to consider.

If you disagree with someone's analysis you are entitled to critique it. That is the whole point of having a discussion in the first place. However, taking potshots at other thread participants because they hold a different opinion is not acceptable behaviour because it almost always creates unnecessary conflict and drags threads off topic.

So please stick to discussing the content of each other's posts, rather than each other personally.

 

[mardo]

Boggo ,Thanks for the chart.
My theory is that if it goes past $1.73 and holds volume we may quickly go to $2.10 level which broke down in mid March when Cap raising was announced.Plenty of gold there only their execution has had lots of slippage.
Gold price at the moment is very posative .

 

[mr. jeff]

Boggo ,Thanks for the chart.
My theory is that if it goes past $1.73 and holds volume we may quickly go to $2.10 level which broke down in mid March when Cap raising was announced.Plenty of gold there only their execution has had lots of slippage.
Gold price at the moment is very posative .

Well - a blown off top for the week, closing at 1.67.

Would be nice to see a retest of the 1.60 level Monday, which is possible due to the easing of the gold price overnight. If this level holds up on low volume then it's on. Risky area though and has been tested twice before.

 

[Boggo]

My theory is that if it goes past $1.73 and holds volume we may quickly go to $2.10 level which broke down in mid March when Cap raising was announced.Plenty of gold there only their execution has had lots of slippage.
Gold price at the moment is very posative .

I think you are seeing what I am seeing there mardo, so far the boxes have been ticked

mr. jeff's comment below addresses the potential issue

Well - a blown off top for the week, closing at 1.67.
Would be nice to see a retest of the 1.60 level Monday, which is possible due to the easing of the gold price overnight. If this level holds up on low volume then it's on. Risky area though and has been tested twice before.

(click to expand)

 

[notting]

Doesn't get much clearer than that.
Wave 3 certainly off to a fine start!
Thanks Boggo charts are great.

 

[Trademyshoes]

Well - a blown off top for the week, closing at 1.67.

Would be nice to see a retest of the 1.60 level Monday, which is possible due to the easing of the gold price overnight. If this level holds up on low volume then it's on. Risky area though and has been tested twice before.

G'day,

I'm new to this forum and somewhat new to trading and have been looking at the RED chart as the debate rages in this thread. This might be quite the bad analysis but I did want to respond to your hopes of RED re-testing 1.60 due to gold easing.

I'd say a re-test of the 1.60 mark is inevidable. I can't comment on RED fundamentals but I can say that the Gold price is becoming quite stagnant and US data which perked up the US markets over Thursday and Friday saw gold lose steam which I'm convinced is going to continue on Monday.

If this has any affect on RED I can see a re-test of 1.60 which happens to be the old resistance level during early September.

In RED's defence the fact it is trading above the 100MA is a good sign. The only thing that hinders the short term view is the Stochastics indicating downside - which I think negates the MACD's bullish indication.

I can't for the life of me determine what it was that brought this stock from peak highs to an almost 50 percent loss in price.

 

[mr. jeff]

G'day,

I can't for the life of me determine what it was that brought this stock from peak highs to an almost 50 percent loss in price.

You shouldn't have added that comment!

In the interest of everyone's sanity, let's just say that there were more sellers than buyers and move on to the future (which may be full of devalued currencies and/or/RED gold).

 

[Trademyshoes]

You shouldn't have added that comment!

In the interest of everyone's sanity, let's just say that there were more sellers than buyers and move on to the future (which may be full of devalued currencies and/or/RED gold).

Haha - what makes you say that?

Sorry; I'm not attempting to lay a cloud of confusion or heat up yet another debate. Merely just thinking out loud

 

[Boggo]

I can't for the life of me determine what it was that brought this stock from peak highs to an almost 50 percent loss in price.

In most cases I think it is worthwhile looking at it the other way round, ie. what took it to the peak highs prior to reality setting in. The reality is that the market always seems to find the true value.

In the case of RED there was an abundance of news items from around July 2011 that painted a rosy picture which understandably led many to get involved which in turn drive the price to unsustainable levels (the peak high).
Example extract from a publically available report...

 

[jancha]

In most cases I think it is worthwhile looking at it the other way round, ie. what took it to the peak highs prior to reality setting in. The reality is that the market always seems to find the true value.

In the case of RED there was an abundance of news items from around July 2011 that painted a rosy picture which understandably led many to get involved which in turn drive the price to unsustainable levels (the peak high).
Example extract from a publically available report...

Most companies if not all paint a rosy picture of what they anticipate...but abundance of news?? lol
If the reality is the market finding it's true value then why was RED $1.185 a few weeks back and now $1.60.
Is it over valued now or at it's true value?... what ever it is atm is its true value right.
You mention the news as REDs driving force for it's highs back then.
If REDs next quarterly comes out with production figures true to their expectations would the market already have factored that in prior to the announcement?
If so would the estimated value of RED with some brokers of $3+ be realized or will it sit where it is?
REDs last CR to sophisticated investors at $2.12? Jeez what were they thinking... They're probably a large punters club betting blindly on RED lol.
Not holding RED atm but imo there's a lot of potential down the track.
Good hear that the Phillippines have come to a peaceful resolution with the muslims over there.
A little bit more peace of mind with RED.
Now back to AVQ

 

[qldfrog]

hum still think it is worth a bet, I am in again at 1.22 and see if I can get a quick gain: just need some bad news, ->gold price rises and you can do a 20% gain; but stop loss ready and definitively not a long term investpor with red: have been burnt before

just a bit of feedback pn this:
was in on the 20/09 at 1:22 and stop loss exit at 1.53 on the 8/10->$600 profit for 2.5k at risk
not bad result for a 20 days venture;
I have been burnt before by red so the tight stop loss and the relatively small bet....

 

[dave1234]

And the rollercoaster continues!

 

[notting]

Not happy with todays report Jan!
Fallen about 17%