Member Info for Daz

You say the same old crap over and over again. Yes the price goes up and down and costs go up and down but I am sure it will balance its self out over the year. Rmm is a recovery stock, important word being recovery. Which is what it’s doing and making good progress every 1/4. This is a long term investment not a bloody day to day stock, the idiots that buy on T trades or margin are stupid as they have to sell at losses and it just fuels the downward spiral. Leave the stock, don’t buy it unless you pay for it and accumulate which is what I’m doing on every penny drop. Rmm is now valued at less than 35m which is probably the cheapest producer and explorer on the market today. It mines gold and copper, two of the most sort after metals today, at some point the share price will catch up. At the moment it’s down over 50% since January so in my opinion the share has priced in the biggest worst case. Even if it can break even or lose this year the price is still cheap, they don’t need to do a share raise now that they are bringing in a decent amount of money each month. Yes they need equipment nearer the mine which I am sure will be on their jobs to do over the coming years, they have a mine life of over 20years and the turn around from last year has been amazing. They do forecasts 7000t this year, I think most investors know that’s still a tough task but you never know it could do it or even beat it. Rather than speculate what will happen (moon) going forward let’s see what progress they have made. The fund that is selling will eventually stop, they don’t give a **** about anyone else they will just sell and any price if they want out. You could be right Moon if it does go into the teens then buying more will get you more shares at a cheaper price and eventually when they turn it around properly you will earn double the amount. I can only see either this will be bought out at a higher price from here or the turn around will be good. Looking for a bottom soon.

Howezap, & steve. I am most definitely not deramping, just very frustrated. I have accumulated 1m shares after doing some thorough research, xtr have a lot going on it is very annoying to drop over 30% on low volume.

How are people talking about xtr selling RC and what price when there is continued selling and the share price is dropping 30% so far in a few weeks. I can’t believe there can be any good news out there.

I am new to explorers and not sure how xtr make their money. Surely it will cost millions and years to set up and build a mine, am I right in saying once they have stopped drilling will they sell it on to a big mining company. What if no one wants to build a mine? Sorry for being ignorant. Also I read bad reports about Colin Bird that he always raises money diluting the shares, what’s his track record. He does a lot of interviews always trying to sell the company. Seems like a salesman to me. Any info would be grateful.

LG. I have done some good research on NEX and because they are quite diversified in other countries especially North america there is a good chance that this stock will recover quite quickly once we turn the corner on the Virus. They also have contracts which I assume they are getting some payments towards. For many other reasons this is worth holding long term and worth topping up on any pull backs. One thing that I have noticed is the chart pattern, if you study the daily candle sticks you will notice a sell off in the morning and it recovers by closing. From August to now the chart is showing a small cup and handle which is very bullish and for this reason I am expecting it to break through the resistance, dont hold me to this as its my opinion. For long term holders It should go to the resistance of £2.50 area and if it consolidates ther and forms another handle. Then you have a very large cup and handle which will be extreamly bullish, this is why I have throwing a fair amount of money at this share, a slow recoevery and consolidation is a better way for a share to recover as it allows you to buy on dips. Good luck all

I am not sure about CEY I felt they were over valued at £2.00. I bought these at £1.20 sold at £1.95. I feel that if you hold on a little longer I can see £1.20 again or slightly less. Movement on a mine is not good and with Cey only having 1 mine its far to risky to pay a premium, a good risk reward would be around £1.10-£1.20. See what happens this month. As for Hoc this is a good risk reward around the £2.20 as its lost 30 from highs and they still have the gold, topping up below £2.10 today was a great buy. The share should start to get a bid soon to around the £2.50 area then its worth revaluating. These are my thoughts.

Sorry new to this BB. first mess up. So I have been in the precious metals business for over 30 years now buying and selling, what I have found is you need patience, especially in shares. Fresnillo has only just started to get its act together, the next 2 years look very rosey for them and they will turn over some eye watering amounts of money. I started buying this share at the beggining of lock down and have been topping up on any major dips. This is the company to be in if you want exposure to Silver as well as holding the physical, looking at the monthly chart this has just started to get going. This is what you want two steps forward one step back, you dont want massive rises every day only to see a massive drop when the time comes. I have money in precious metal funds and one of the top ten miners the fund has just put in is Fresnillo, this is very positive as there will be good support on and dips. Most of us in the trade know that Gold and Silver have got slightly ahead of themselves but we all agree when they come to sell off with some profit taking there will be buyers in mass. In the near term I can see this knocking on the door of £14-£15, then maybe down to £12-£12.50 support. What I do see is if the governments keep printing money then we could see $30 Silver then $50 upwards over the next couple of years and by the time that happends I will expect this share to be well into £50 upwards per share. We need the pull back to accumulate more shares. Good luck all

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