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VAU - Vault Minerals

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Beatle; I did want to make a post asking as to why the trading is so very light as of late. When I mean "as of late" I mean over the last few weeks. One must admit these volumes are below the average experienced early last month, and late the month before (by memory, no chart).

The only volumes noticable is Matthew's dumping his position.

My theory is, and it is a LONG shot, is that investor interest has peaked and there are several holders with the selling trickling into minor interest. I don't know, lol. My theories are always wrong when trying to deduce the investor mentality pertaining to a specific stock.

At any rate - I just want to mention again; if you are waiting for the pour to get your value, you will be waiting a sufficiently long time after that to get over 24 cents. I wish I could be wrong about that one too - but unfortunately that is the same song being sung by pessimistic investors across all forums that I've viewed.

For many of us who have been in RED for the short term; the fundamentals are sound enough to warrent a mid to long term hold. All I am trying to reitterate is that the resistence level will not be challenged for quite a while - it barely broke the short term 21cent resistence with very minor spikes into a false breakout.
 
then I suggest you should look elsewhere for a bargain
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We all have a definition of a Bargain.

Mine different to most.
Its simply an instrument which has momentum either building in anticipation of a move in my direction or moving in my direction now.
My "anticipation" window unlike yours is at most a week at least can be a few minutes.

Luck never comes into it.
It either moves (I hop on ) or it doesnt (I hop off).

Life in my view is far too short to waste waiting in anticipation---for too long!
 

Hi all RED club members, Hi tech/a. I kind of figured this was in-tendered for me. Maybe I'm wrong... But one thing i can assure you is i don't trade this way and don't hang on to every post. What gets me is when instos decide to dump, at a particularly important time for RED, potentially holding it back from where it could be. Yes again, people have the right to buy and sell what they like, when they like, it just irritates me of the timing, when we originally thought Mathews was in this for the long term, not a 1 cent gain.

Us here on the RED thread are deeply passionate about this particular company because it has so much going for it. Beatle summed it up fairly well. I know for a fact that there are people that have spent much of there life savings on RED, (me included) why, because we believe in the company and what it is about to achieve. POURING GOLD !! The yanks print money, where going to make it. ( BULLIONS OF IT. )

Its a bit like buying a house, owning your own business or investing in a stock or two that you truly believe in. If you weren't optimistic or passionate about the idea, you wouldn't bother.

So as for you mate, seriously, why are you bothering to post on RED. Obviously you hold yet have nothing, not ONE thing positive to say about this stock. It seems to me in all of your 20 years trading, that you would be some-what of an expert by now. So why would you bother posting on a forum, in a stock that you broadly announce is going nowhere soon. Do us and everyone here a favor and HOP-OFF as you like to say.

Geez mate, your so depressing !!!

Moit
 
Don't hold any.
Technically I don't see a buy.
There have been good signals again technically back at around 5 c.
Those who have held from there have done well.

But when I see comments like your re the bulk sale of a holder being Ill
Timed and holding back RED

I have to laugh.
You can't see that the holder thinks it's a great time to sell.
If he didn't he'd be holding.

Why post here.
In the hope that perhaps a few who are not blinded by one sided spin take a minute to reflect on how they are going to minimize risk.
How those already heavy in profit intend to maximize that profit.

Seeing you have been so keen to see the end of me I'm bound to stick around.

Oh
Why hasn't RED taken off after these great announcements that everyone were so keen to see?
 
tech/a said:
Oh
Why hasn't RED taken off after these great announcements that everyone were so keen to see?
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Because it's still a speculative investment. There hasn't been the November gold pour announcement.

And the only big announcement is when they start generating a profit (with low cost).

That's the announcement we're waiting for. If they post a profit and start 'gold miner' status, and their share price moves backwards, then I would start to worry.

As a chartist, I don't see the red share price as 'going nowhere' either.(and has been up since June) It was hit especially hard with 2 news: huge drop in gold price from it's highs late Sept and news of consolidation mid October.

Plus I welcome tech/a's views. A thread where investors might see is news and boasting may lead to emotional investing.
 
Thanks for your latest post Tech/a, at least I know your not in RED at the moment so get the context of your posts. Do you have an interest in considering trading/investing/speculating/punting in RED at some time in the future? If so what would cause you to make that decision?

There certainly seemed to be a drop in trading interest today LostHisShirt & seems to me Matthews may have stopped selling in the past couple of days. But as for the past few weeks someone perhaps has quantitative info to comment, I don't have but feel it's dropped maybe the past 2 weeks. My own thought is that selling is drying up in anticipation of news from site about status, but the consolidation news may have also confused a few traders/investors.
 

Because history shows that most times, consolidation leads to price falls? *shrugs*

That's what they say on the Hotcopper thread.

This is my first time actually I've held a share that consolidated, so all news to me.
 
Agree that it is weak and worrying technically, there is no doubt that if I was trawling for long trades I would immediately skip past this.

I mainly trade goldies and as such would expect that RED had moved on more than it has done. I agree with all contributors that it has great prospects and is valued lower than most, not all.
It may well get going and it may well be macro economics etc. but the beauty of technical analysis is that it gives you information that you cannot get any other way. That information is that RED is not currently being bought by the big players, they are looking at the larger gold miners and presumably staying out of small caps.

This discussion is more pleasant than some have been that I have seen here and is the only reason why I would bother voicing an opinion, so there you have it, remember that the only gambling that should be taking place was for the Melbourne Cup.
 
A question for the chartists out there. If the consolidation does go through, and thus the price is completely out of context with the past, does the past trading history (at 10 times the price of course) have any impact on future trading forecasts for your own interpretations?

I forgot to say LostHisShirt previously, yes you might be correct that it could go to 24 cents (or perhaps $2.40 in consolidated) and cop a lot of resistance. But my view is that it then all relates to the success or other, of the production thereafter. If it happens to meet or get close to forecast production, revenue, costs then that resistance level will only be an issue for chartists, it will be blown out of the water knowing it would be trading on a P/E of around 2.5. That for a 10 year mine life, minimum, just simply won't last, it will move far higher once that steady state production is confirmed.

MrJeff, to be honest I rarely look at threads other than RED on ASF, so I take it that you consider us RED posters (of which you are one too of course) are reasonable people after all, lol!

Today MUST be an up day for RED, if its not I will be calling out Matthews name with a few other descriptives that i won't utter here! And yes Tech/a, you are quite right, Matthews might want to sell cos he knows something (such as where the gold price is going, or what the markets are going to do) - so he must be a smart man. I'm the first to agree that I don't know what the gold price is going to do, I don't know what the markets are going to do! I do believe that Siana will perform well though.
 
You called it beatle! We are out of the 18.5c-19 cent range that has been with us for the last week or so. 19c sellers were all taken out and replaced with 1m of bidders in the opening minutes of trading today. Maybe its time for RED to have another crack at 20c+. Gold have been up by around $100/ounce or so and is hovering in the 1720-1750range (which is always welcome)

Personally, I do not see the consolidation as an issue (dont see it as changing the fundamental value of a stock), the only thing that can shut RED down going forward is if they significantly miss forecast level.
 
hi tech/a

"I have to laugh.
You can't see that the holder thinks it's a great time to sell.
If he didn't he'd be holding"

had to have a little laugh myself

all sounds so simple that some are led to believe that it is a straight forward sell down by an entity - if you look closer you will see the connections between mathews, merrills and boac - pass the parcel and whatever other games these entities have been playing have ensured nothing nearing correct value for red - have a look into the past and you will find some single transfers of shares in the order of tens of millions

on top of that, according to the latest sub holder notices, baker steel increased their holdings and are now the biggest single sub holder

what does this mean and what direction on red's sp - lol - ask them
 
I am stunned that any effort would be made to impede "opposing views" on this site.."Group Think" is a very dangerous thing. I find that I learn most from those who disagree with me.
"Defenders of the Faith" have no place in investment thinking surely.

Cheers FW (Bill) Pike

"I do not agree with a word you say but I will defend to the death your right to say it"
Attributed Someone, Can't recall whom.
 
fwpike said:
I am stunned that any effort would be made to impede "opposing views" on this site..
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What do you mean? Isn't that what's so great about forums? You have people who think investments are great and others who think they are junk. It's always great to have different views.

Plus, when someone says "Oh. Why hasn't RED taken off after these great announcements that everyone were so keen to see?"

What announcements are they referring to? Just makes it seem like the poster knows nothing about the company and has assumed many things. Because everyone knows that the ONLY announcement anyone wants in a speculative company is when it STOPS being speculative.
 

Another 1m of bidders at 0.19. Ohh snap!!

Just to amuse myself, I bought from 0.185 and sold at 0.19. At the end of the day, who doesn't want to eat free pizza for a week?
 
achernar said:
Another 1m of bidders at 0.19. Ohh snap!!

Just to amuse myself, I bought from 0.185 and sold at 0.19. At the end of the day, who doesn't want to eat free pizza for a week?
Click to expand...

But I'm not after pizza, I'm after (black) caviar, lol (sorry I couldn't help myself!).

Seems like its still stuck in the range Wtang89, its good to see you keeping an eye on things though. It seems our great mate will control its price direction for a while to come. But in reflection Matthews has been a very positive influence on RED for a long time, and so I guess its unfair me rubbishing his exit now - and of course Tech/a is correct in pointing out that anyone has a right to sell out. Once things have worked their way out this will be just another bend in the road to where RED is going.
 
Whilst actual trading in RED isn't particularly roaring at the moment clearly the bid/offer at 19.0/19.5 cents is being staked out quite vigorously. This certainly is a change from recent sessions, particularly on the bid side. Seems like a buyer(s?) is taking a stand against any significant selldown to lower prices. Of course this comes on a day when the gold price is up, perhaps it means that the buyer (s?) have come out to play with a view to get a strategic (or add to a strategic) holding in RED in anticipation of the developments onsite, and soon to produce gold.
 
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