Hi all, I was searching through stocks tonight and I came across RNG, I noticed that there was no thread about RNG and so I thought I'd start one up. Ive included a graph with some details on it, which I will post at the end.
Basically what grabbed my attention for RNG - at the time i was searching for stocks between 5c and 15c - was that it seemed to have a consistent trading range - for the last couple of months and that trading range was becoming tighter, and there was now bollinger band squeeze.
Upon looking at the 1yr chart its evident its come down alot in price, but maybe in the short term, purely of the graphical analysis, it could be an alright buy.
I know not much of the company fundamentals, but here is a link to their Indee Gold Project in the Pilbara Region of WA
There is a good company PDF presentation here, Its a good read and shows some other things they are doing arounf australia.
Does anyone here hold RNG ? Past Experiences with RNG ? what they think the future holds etc.. ?