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Re: IRM - Iron Mountain

Yep Mick I know how you feel I hold but was thinking I must top as it was @ low 0.15c but what a great run up 150% on excellent news... is a good move for the company as it's got great projects as highlighted in your earlier post...

Lets hope it's able to stay @ this range....
 
Re: IRM - Iron Mountain

No doubt it is having an ecxellent run, but at these widths there would want to be low strip ratio and the detail on the orientation of the banded iron was no where to be found, buyer beware! Drill results and intersections should clear up any smoke and mirrors. Good grades and low impurity none the less.
 
Re: IRM - Iron Mountain

All i can say is wow:eek:Been in this IPo and sold heads for a small loss but kept the free(?)options and also topped up but at a higher price than todays open but thats all changed now.Up 140% and keeps changing evry second,incredible am now up about 70%-Bizarre.I think one of YTs picks RVR had some venture/tie up with these,might be worth taking a look
 
Re: IRM - Iron Mountain

doogie_goes_off said:
No doubt it is having an ecxellent run, but at these widths there would want to be low strip ratio and the detail on the orientation of the banded iron was no where to be found, buyer beware! Drill results and intersections should clear up any smoke and mirrors. Good grades and low impurity none the less.
Click to expand...

Doggie_goes_off makes a very good point this is all based on rock chip sampling and not drilling samples, this is yet to come. I see drilling starts mid october.... I'm lucky I held through the good and bad times, so more good or bad news will come once the drilling has taken place and we have results on the samples. ..

I also think the market is looking for some news and places to make quick money @ the moment with the market still alittle unsure @ the moment...
 
Re: IRM - Iron Mountain

Couldnt resist and sold half my holding so now its a free play.Cant see this holding on to such incredible gains in the short term but will kick myself if it does.Am kicking myself now-up to 25c
 
Re: IRM - Iron Mountain

alankew said:
Couldnt resist and sold half my holding so now its a free play.Cant see this holding on to such incredible gains in the short term but will kick myself if it does.Am kicking myself now-up to 25c
Click to expand...

Yep same here alankew I'm sure I will kick myself as well but I also now free hold options and heads, will be an interesting week to see the out come.
 
Re: IRM - Iron Mountain

Make hay while the sun shines and plant seeds when it rains. I think free holding half and topping up later prior to first drill results may work well if you wish to accumulate.
 
Re: IRM - Iron Mountain

Well for what its worth i got right out of this a short while ago at 35cents. It could go on but its been a good run for the day so I'm very happy.
However now I know they have something if it slides over the next couple of weeks I'll get back on again.

I'm a little surprised that given its very positive news, and the market certainly thinks so too, that they didnt go into a halt for this.
 
Re: IRM - Iron Mountain

Maybe they will go on halt if they get around to drilling a near surface intersection or two at these grades, because they are impressive, the market just over-reacted a little.
 
Re: IRM - Iron Mountain

one word springs to mind... Ridiculous !

I have never seen such a speculative frenzy before! i keep getting the feeling that it will retract alot after this. I mean the ann wasn't good enough to warrant 300% !
 
Re: IRM - Iron Mountain

KIWIKARLOS said:
one word springs to mind... Ridiculous !

I have never seen such a speculative frenzy before! i keep getting the feeling that it will retract alot after this. I mean the ann wasn't good enough to warrant 300% !
Click to expand...


Yep I agree with no drill results how can it run so hard... I was holding and got out... but this has to be the most I have ever seen a company run in 1 day... and it's big volume as well.... Just crazy
 
Re: IRM - Iron Mountain

Wow is i can say, sold out of my oppies @ .30 thats a tidy % return I paid .075.

Will look to get back in at a later date, its very early stages for this company with no drilling results as a few have stated, good luck to all holding...

Should of held out until close, its good in hindsight but i'm all smiles either way...
 
Re: IRM - Iron Mountain

OOPS!
Couldnt resist and sold half my holding so now its a free play.Cant see this holding on to such incredible gains in the short term but will kick myself if it does.Am kicking myself now-up to 25c
Never mind still got half my holding,just after others opinions on what they would have done different
 
Re: IRM - Iron Mountain

well what can you say about that, heads up 332% options up 414% you would think they had found the next olympic dam or something, I have spent alot of days sitting infront of the computer accumulated nearly $4 million in wealth but I have never ever seen anything quite like that.

For those still holding I hope you took some off the table because that share price is not sustainable until proved by drilling results.

Now who has a working crystal ball first INP then ELK and now IRM what the hell is the next one to boom :)
 
Re: IRM - Iron Mountain

The trading pace or IRM today is very fast. I only experiences this pace in NYSE.
I think a lot of professional day traders are playing this one today. Thanks to IB, I can also do day trading with my small money.
 
Re: IRM - Iron Mountain

What an unbelievable run on excellent turnover. Iron ore stocks announcing promising results are certainly being rewarded at present. IRM has a number of interesting projects and is cashed up.
DYOR
 
Re: IRM - Iron Mountain

Mick

who has a working crystal ball first INP then ELK and now IRM what the hell is the next one to boom
Click to expand...


Looks like it is Rocktober.

A crystal ball would be handy for the next big thing.

Happy to have benefited from ELK and MMR today.

MMR was up from 11c to 20c on news. Finished at 16c.

One stage, MMRO were up around 300%.


Happy days.
;)
 
Re: IRM - Iron Mountain

YOUNG_TRADER said:
This is the exact reason why I stayed away from IRM, they posted a prospectus to my parents who rang me for advice, my father owns shares in AMP and my mother Coles, why on earth would you post them a prospectus, it was very underhanded if you ask me and as my parents know very little about stocks they thought it to be the next RIO of Commodity stocks,

Anyway, not too much I see interesting over here,
Click to expand...

Not like the Young Trader to miss out on a stock like this. Just goes to show you how some of the ones that don't look so flash can pull it out of a hat on the day.
 
Re: IRM - Iron Mountain

moneymajix said:
Mick




Looks like it is Rocktober.

A crystal ball would be handy for the next big thing.

Happy to have benefited from ELK and MMR today.

MMR was up from 11c to 20c on news. Finished at 16c.

One stage, MMRO were up around 300%.



Happy days.
;)
Click to expand...

Its hard to tell what will move next. Perhaps its best to look at overlooked and cashed up explorers with exposure to the iron ore sector. There aren't many that haven't run. The only ones I can think of are PSP (gold and iron ore exposure) and LML (a diversified explorer with a couple of interesting iron ore projects) which are both on my watchlist. These are just my thoughts. Thanks again Mick.
DYOR
 
Re: IRM - Iron Mountain

Woooooo Hooooooo and out of the blue she hits home i only just caught the good news well done all and to think i once held 800k IRM free carried on 90k now very happy to of held them in the bottom draw i nearly moved em on many times but at the going rate of late what was the point what a bonus happy days indeed im popping a Bollie as we speak its been a good day goodluck all ;)

Cheers:D:D:D
 

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