I like to think of myself as a safe investor and we look at what's presented to us and take the best action to benefit ourselves financially. This stock is a jigsaw and when you have all the pieces you get a excellent idea of the picture before the pieces are put into place,,, Confused you should be. You have to believe that sometimes your knowledge and research allows you to see through the crack in the door and become better positioned than most to what could unfold. Yes your still thinking I've got no idea what he's talking about but actually you have started with more than I did because I've given you the stock to research and to find your own crack and make your own opinion. Time tells all truths so I shall revisit in due coarse to make a comment.
New stock on the market and change of name. I dont really get it? Do you suggest buying stock in the new business? Im missing alot.. confused I am lol inbox me if you like
+1 I take it you are talking about RTA (Rutila Resources) ??? and not Forge Group (FGE) I'm very wary of stocks like this, especially when they cant even update their website. Mineral sands projects are a bit hit and miss atm too. Please explain
Yes Forge have now had a name change and mineral sands are not worth a pinch but Balla Balla's the focus. The company sold a part of the business not that long ago for 8mil which should value there stock at somewhere near a dollar but that's a pinch as well. This will only frustrate you I know but I do not want to say to much u til I've bought in and pick up shares as its travelling. It's not about what they have, it's about what they just bought and it's about what everyone else wants and it's not dirt they all have dirt,,, it's the key for all mid cap producers. DYOR.
Small volumes sold yesterday but straight up buys around the 24 to 25c so there were people that wanted in causing the stock to rise 20% Watch very closely as there are not alot of shares available and it wouldn't cause much for it to go when it does.
The one thing that concerns me with stocks such as these is that they are ripe for the issuance of new shares for whatever reason. The dilution effect is significant if the company does not have a lot of shares on issue to start with. Over the past few years, the total of shares on issues increases 2 or 3 fold every year......this could explain some of the peaks and troughs in the price I am open to new angles of course......
I'm confident that they will go up and I will buy and sell as they do. I'm still into solid stocks but I'm happy to hold a few specys.
woah.........a case of mistaken identity today...saw Forge up 57 cents today...........ooooooooops Forge resources is now Rutilla..........not Forge Group limited. I was excited for nothing
