the chart looks good. there is resistance at around current level. let's hope it would be breached. mining is not for the faint hearted investor. there are so many unknowns and much capital need to be outlayed in advance, capital that has to be borrowed, so gearing tends to be high. having said that, cmr is not a new operation so things may have settled down.
i had posted many warning on ron. the thread was constantly one of the most active on the fbb on advfn. they told me the share was expected to quadruple in value in a year!! on what basis? no mention was made. 100% marks for enthusiasm and wishful thinking. you and me know that it is not father christmas who fills the stockings, many still do not know. at least the fiction keeps many hopeful children very happy for a number of years!
