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VAU - Vault Minerals

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NCM and the others I like to whatch popped on the news then all faded rather dissapointingly, NST and RED out performed.
It's in the hands of Gold now.
When I make 10% in a day I generally take it. Unless there is some mitigating circumstance which has not really manifested yet given the above.
 

So are you saying you did'nt take it? You bought at $1.10 it had a high of $1.225. Reached your 10%.
I sold the 10,000 i bought the other day @ $1.085 for $1.21 today.
Still holding a few tho.... long term if necessary.
 
No I did at 1.205.
Will trade the range if it consolidates for a while.
Will buy if it breaks up on easing and so forth, probably would not get a chance if the report makes it pop, but that's an each way bet, so why leave it when there's 10% in the hand?
 

Think it's more about where gold goes over night not so much on REDs report. If RED drops back down to $1.10 i'll probably buy back the 10,000 i sold today. Hoping it will continue in it's current direction tho as my base cost is back out to $1.36.
 
I missed the 1.08 boat as I bought on friday at 1.24....dammitt. Brought my overall price down to 1.324 though which I still see as very low. Would love to stop consolidating and start earning though!!
 
RED looking fairly good atm. Buyers starting to line up out weighing the sellers.
Go you good thing!
 
Don't like it.
People doubting central bank move now and golds looking to top out.
I tripled mine, into NCM as it was down against when I sold RED sold it this moring it out performed just, but is underperforming today and looking a little week so far.
 

Yes. Analyst predicting no QE3 come 1st of August.
 
jancha said:
RED looking fairly good atm. Buyers starting to line up out weighing the sellers.
Go you good thing!
Click to expand...

Market fickled. RED looking good early on in trading..up 4% now down 4% Which way will the QE3 go come Wednesday? Some are predicting it others are suggesting it will be dragged out as a last resort and may not come about at all.
Who knows but one way or another RED and other gold miners will be effected on this.
In the long run it's only temporary imo. Advantage however with RED over other Gold miners if it does drop and stays there for awhile their lower production costs will give them the advantage. (They will be still making a profit if the POG slips).
 

Follow up from here -
https://www.aussiestockforums.com/f...=8971&page=146&p=720491&viewfull=1#post720491

Too fast to soon and went head first into 50% resistance at 1.31.
Could be seeing a wave 5 of 5 here with a target of around 1.02 to 1.05, tomorrow should prove or disprove.

(click to expand)
 

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Quarterly due out tomorrow!!!Price weakness may be due to them not making guidence of 7800 ounces which would be normal, looking at past targets and completion dates of milestones.
I guess it may be an interesting day...
 
So much for markets factoring in announcements before they come out.
RED down 5% yet most of all Gold stocks up today. Dont think if will get down to where the two tech brothers are saying tho.
 
jancha said:
So much for markets factoring in announcements before they come out.
RED down 5% yet most of all Gold stocks up today. Dont think if will get down to where the two tech brothers are saying tho.
Click to expand...

Go figure----So whats that tell you?
Market doesnt like the announcement.
The decreasing price over the last week indicates that the announcement was factored.
The uninitiated bought into supply.

So where pray tell do you see a buy for RED?
Surely now as its so so cheap??
 

Tech you should know when to buy into RED. Your the expert lol. Why dont you try and buy back in now it seems to be recovering. Put a stop loss @ $1.10
Tails you lose.
 

What it tells me is markets fickled like i said before and guess what the market likes the announcement.
RED up 2.5% Hope you got on Tech i did.
Just a question for the fundies is it unusual whilst holding a company like RED in a down trend to buy in on the dips and sell out on the highs with the idea of RED eventually trending up?
 
At the rate that they are burning money I would say that a capital raising exercise is not far off.
New shares at around $1.00 each should be fun to watch
 

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Some support on close. Buyers out weighting sellers with volume slightly higher than average.
Looks like tomorrow could be a positive day for RED but i feel it's more about where the POG is.
Boogo and Tech it was a close prediction but no cigar today.. RED held up quite well as to be expected when the fundamentals of stock look good regardless of a minor set back
 
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