I do believe in UFO and I can’t stand people who mindless deramp on boards they aren’t even invested in, I’m invested and holding but this is a valid point, why the news we had today hasn’t shifted the SP, patience is required and the more pieces we add the more UFO derisks but holy F##k what more does bill have to do, 5 p is looking a long, long way away.
Yes I’ve got a snorkel just didn’t think I’d need it for this long!! Luckily for me I was in ARB at 8p last year so it’s been a pretty good year so far, I understand we get priced for what’s in the ground but sentiment and FOMO alone should have sent the SP on a rocket this morning and it didn’t, that’s my point, PI’s are just not interested in UFO.
Just to be clear, I’m not hear to deramp, I’m totally committed, with nearly 50k and I’ve been underwater for nearly 10 months! But this reaction to this RNS is a real worry, if real news isn’t going to shift the SP what is?
I genuinely wasn’t expecting a spectacular rise, I know we need a lot more information for a rerate in the SP but I was expecting a lot more than 1%, what’s going to happen to the SP while we are waiting for results over the coming weeks? There’s a great group of LTH on here but there’s zero Investor sentiment on the whole towards UFO, if similar capped mining stocks had released a similar RNS this morning they would be flying now, why aren’t PIs piling in this morning - they clearly aren’t worried about missing out on UFO.
So you’re happy with a 2% rise today based on today’s RNS? I like how positive this board is and there’s some really knowable people on here, but let’s talk about the elephant in the room, the news that we’ve all been waiting for has landed and done nothing to the SP - Why?
I don’t want to sound negative, but we’ve been waiting months for news, we get some great drilling results and the SP barely moves WTF?!This is beginning to worry me now, Bill has delivered and the markets aren’t interested, I know patience is required with mining stocks but this is taking the p@@s.
Morning gents, been on board since early this year, RMM is one I’ve got in the bottom drawer for at least 3 years, I don’t often post and I hold a few other mining stocks but what’s different about RMM is we already know what we have, in a great part of the world in a commodity that in the long run is only going one way. It just requires some patience , there’s some good posters on here, hope it continues, good luck.
This board has gotten pretty bad, I feel sorry for all the new investors sat under water and still looking to these boards for any type of reassurance, there is little constructive discussion to be had anymore. For what it’s worth I’m still here from last year and I’ve still not sold a share, next week is going to be huge we
‘ve hit the capitulation bottom but if BTC slips below 32.2 k - then it’s in freefall and the bull run is done ( I posted last Sunday with a figure of 28k which I’ve readjusted based on the 200 day moving average)
BUT this is not going to happen, the big boys know once they allow BTC to break this resistance level and there’s a fire sale amongst PI’s they won’t get enough sentiment back into the market before the halving to continue the bull run. All the noise and twitter nonsense from EM and co over the last 4 weeks has done has allowed II’s and whales a chance to accumulate most PI’s on this board are aware this is going on ,BTC cannot stay in this ever narrowing channel for much longer and I’m 100% convinced we aren’t going to break the 32.2k resistance level before we have an upward break out, we just need the catalyst and I wouldn’t be surprised if it’s not our friend EM. on top of that El Salvador adopting BTC is huge, BTC becomes a legal tender and treated like any other foreign currency, that’s huge for BTC mainstream corporate adoption!
I still feel with more machines due later in the year, NASDAQ listing which is absolutely crucial and BTC pushing 100k SP will be multiples from today, good luck to you all.