Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
When I last wrote about Red Rock Resources (RRR) three months ago I said it looked like a “binary gamble”. So far the gamble has not paid off. Red Rock’s share price fell from 0.03p to 0.02p. However, the last two announcements from the company look surprisingly positive. In this morning’s trade, I’ve watched Red Rock’s Offer move from 0.025p to 0.03p on higher than average volume. Given that we are less than halfway through the session, this suggests that some in the market are starting to pay attention.
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