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VAU - Vault Minerals

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MAD is an interesting buy.

Glad you got out.
I like the RED thread/its the whoa full analysis
that has me coming back for more.
Just like PEN.---HHL
and soon quite possibly MAD.

Personally I trade FTSE and DAX futures.
Just enjoy working with "P" platers.

Its not your profits in RED that would interest me its profit period.
 
In at .94c today nice reversal no supply
to speak of.

Initial stop was .86 now moved to .91

Resistance at $1.20 and $1.40 ish.
Both are my initial targets and will trade according to how
supply reacts at these levels.
 
tech/a said:
In at .94c today nice reversal no supply
to speak of.

Initial stop was .86 now moved to .91

Resistance at $1.20 and $1.40 ish.
Both are my initial targets and will trade according to how
supply reacts at these levels.
Click to expand...

Looks like a classic bullish divergence trade!
 
tech/a said:
In at .94c today nice reversal no supply
to speak of.

Initial stop was .86 now moved to .91

Resistance at $1.20 and $1.40 ish.
Both are my initial targets and will trade according to how
supply reacts at these levels.
Click to expand...
not so lucky for me was in at 98 and 96c with a SL at 88 which got triggered the day before and lost $400
arrggg
yet yesterday morning, POG was collapsing so did not really see any shot up........
I have lost so often with RED I will end up giving up altogether
 
Dont blame you its a dog of a stock.

Im only trading it as I saw the opportunity
Risk is low so pulled the trigger.
More a challenge in analysis than anything.

Might get lucky if a T/O rumour comes good.
 
Sold some of my MAD and bought a small parcel at 92c. Looks like RED has spent the last of their funds and be looking for a CR? And if they do i wonder if this time it will be to the general public.
T/O?
Cost to set up the plant was 100mil? Shares on market 135mil. Could be a cheap buy.
RED needs to start showing some positive output in order to survive.
 
Put my stop at B/E after .96 was taken out and it went back to .98c
At 12 ish
Consequently Im out at $5 brokerage loss.

They made a movie about a dog called RED if I recall.
 
tech/a said:
Put my stop at B/E after .96 was taken out and it went back to .98c
At 12 ish
Consequently Im out at $5 brokerage loss.

They made a movie about a dog called RED if I recall.
Click to expand...

Yes i remember that Dog when i was working in Dampier for Hamersley Iron back then.
Like RED he wandered around a lot. Bad luck on RED Tech stick to BLACK.
 
In the last announcement management was exasperated about the fact that the thing is trading at less value than what it cost to build the infrastructure!!
I don't know why because so far it looks like it's build in the wrong place.
An abandoned mine that can barely be mined any more.
Well that's the story so far.
That little rally occurred after the thing was not further buried in silt and mud by a new hurricane!
Those not following the story very well maybe thought it had tanked because of that possible threat then dived in to the RED once that new threat had passed.
It has already had a massive unseasonable 250 or so mm dumped on it and now it's the start of the wet season!!
50c is generous in the short term I reckon.
I might start getting interested when it's 20.
 
tech/a i have a few wider stops than you; After the reversal on the 5th, it has yet to make a lower low on the daily. That and a fair few goldies have turned around.

Out below 90c (daily lower lows)
 
BOTs in full swing again today in the 1.27-1.28 range. Feel like a capital raising could be on the way.

Sold half @1.265.
 
sold the stuff i bought on the pullback on thurs too, very happy to hold initial longs and buy future dips.

As for why its up 8%?

Big buyer came in today; When the other golds rolled over RED didnt even budge
 
skyQuake said:
sold the stuff i bought on the pullback on thurs too, very happy to hold initial longs and buy future dips.

As for why its up 8%?

Big buyer came in today; When the other golds rolled over RED didnt even budge
Click to expand...

Good call SkyQuake!
Way oversold,I think we may get a posative announcement on their $25 mio funding package soon.
 
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