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94% doesn't cut it the way the s/p responded
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Just hold on when the market is being dysfunctional time to load up more...
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Hey SCHUMACHER, Can I bother you for your view on How these guys plan to get the stuff out of the ground and to market, I cannot find anything in research on this part of the equation ?
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Looks like this will be a long-term investment... 1.9c as at today. Might average out my initial investment at this level.
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https://searcysentinel.com/renascor-...-update/84871/
"Renascor Resources Ltd (RNU.AX) currently has a 14-day Commodity Channel Index (CCI) of -58.33. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally."
would be nice to see this indicator at work...
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Time for another look at this one, stirrings at the moment
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Member
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Non-binding but a good outcome for now. This company has a lot of upside yet. Huge resource, quality grades and shallow.
It' s one for the bottom drawer, but one to get.
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Junior Member
RNU in trading halt till 1-05-18. Capital raise pending.
https://www.asx.com.au/asxpdf/201804...bw1n9f0nnw.pdf
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Presume you are guessing about the capital raise, I see no reference to it ?
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