Rambler Metals & Mining Share Discussion Threads

[excellance] 21/5/2021 17:37

Copper prices have been falling because stock level on the LME stopped falling and began to rise.

On COMEX stock levels are still falling.

It's all down to disruptions to demand and then in the supply chain due to covid, stimulus and gearing up for global electrification.

The copper price got a bit ahead of the curve, but supply is coming back now. Longer term demand will slowly increase, but supply will hit a ceiling.

[excellance] 21/5/2021 15:56

Yup, onwards and upwards!

[goodgrief] 21/5/2021 14:27

Looks like the bottoms in.

[excellance] 21/5/2021 10:52

Here's the Chesterfield webinar from last night. Not directly related to RMM but they talk about the copper mega trend and how copper assets acquisitions and valuations are heating up.
He says, there will be no copper assets available to buy in a year's time, so worth a watch to understand the market we are in.

[excellance] 21/5/2021 10:45

Copper prices have been weaker this week as it back tests $4.50 but it has found support and should now move higher.

With it goes copper miners, so I expect RMM to also find support, and our chart shows we are ready to bounce.

[excellance] 21/5/2021 09:32

Bounced off 36, but will it retest and form a double bottom?

[donaferentes] 20/5/2021 23:58

Interesting.

[excellance] 20/5/2021 18:43

I've just watched a webinar from the bod of Chesterfield resources, who were presenting their new copper exploration project in Labrador, Canada, and he gave us some background to the market among majors looking for copper projects.

He said any asset holding copper, producing or not, is rapidly rising in value, because the copped mega trend means all mid and major miners want copper on their books.

So, not only will Ming be on the menu but so will little deer and Whalesback.

Extremely exciting times ahead.

[donaferentes] 20/5/2021 16:42

No doubt. I know he's probably working hard at it.

[excellance] 20/5/2021 16:39

When Toby sorts finance this will bounce.

[donaferentes] 20/5/2021 16:38

I sympathise. I got in at .48, doubled down at .41 and re-doubled my holding on frothy Monday at .41 instead of waiting till dull Tuesday at .38 this week. Ah, well! I remain sanguine that this will be a forgotten blip in a year's time. But would really, really like Toby to get on with resolving the short-term cash needs to set me at my ease.

[recordz] 20/5/2021 16:31

If only they gave it some time ,ay.
Cheers for the info.

[excellance] 20/5/2021 16:20

Yes.

We knew that after 90 days and 180 days there would be CLN shares being sold in an orderly way.

Loads of people got shares and warrants at .20 and .30 and some are bound to want to sell some or all.

I said right at the beginning that 21 would be a volatile year, but the trend would be upwards.

[recordz] 20/5/2021 16:12

1 RNS and the enthusiasm and momentum disappeared.
Anyone think there are new shares on the market.?
It's gone from buying at .6 to selling at .36

[excellance] 20/5/2021 13:33

I've been adding all the way down from 42 to 37.

Just about full now, but could draw on reserve cash if the share price had a flash crash.

Just need to wait six months of so and all will be well, starting with news of finance any day now.

[mrpiggy] 20/5/2021 12:22

#2863
If the share price falls to 0.35p I’ll double up.... fingers crossed!

[excellance] 20/5/2021 10:50

Looks like little deer and Whalesback can both be quickly and cheaply brought back into production and appear to be very valuable in this new copper price environment.

If only we had some cash, or knew someone with some cash?

With deals being done for hammer down and nugget pond it's only a matter of time before little deer and Whalesback are monetised.

[excellance] 20/5/2021 10:34

Still an overhang, another 10m trade, chart suggests 35 bottom trend line, we'll see continued weakness until the short term funding requirement is addressed, and copper is off its highs and back testing.

What a great time to add!

[wsbapes] 19/5/2021 13:12

This will end the Silver Price Fix Cartel.

F.A.O Silver Mining Industry Executives Around The World - Take Control of their "Matrix".

reddit .com/r/OccupySilver/comments/nfk1zr/fao_silver_mining_industry_executives_around_the/

Do help spread this F.A.O other Silver Miners, Silver Gold take off, you benefit.

[excellance] 19/5/2021 12:10

To be honest, if rambler has raised sufficient funds three years ago they wouldn't be in this mess now.

However, it did offer up this opportunity.

We have had 3 CEOs in three years, and our new team is the best one by far, yet even they are left with insufficient funding thanks to the refinancing agreed before they arrived.

Toby will sort this, he's got a good track record, and he'll get the funds he needs.

How much and how they'll raise it are questions that need answering, but recruitment, training, and mine development will take time, and production and therefore revenue deficits will need plugging for a few months.

I think we'll sell little deer and Whalesback, or farm them out for a fee and royalties.

[robbiekeane] 19/5/2021 11:54

Very true their history isn't great. It is difficult to see the shares doing anything until details of the fundraise are announced. I hope they raise a lot and be done with it. It's not great management (or forward thinking) to keep raising funds every 2 or 3 months.

[dodkins] 19/5/2021 10:56

Funding and further production set backs is what the market doesn't like. This is because of Ramblers history

[scars] 19/5/2021 10:32

Looks like there are still some nerves around on the extra funding. May be heading back to the trend line around .35, but not expecting to go any lower.

[excellance] 18/5/2021 18:08

The 20m was a buy at 39 reported much later.

The close at 41 was a u/t trade for just 8000 and is anomalous.