By Ben Turney | Saturday 22 June 2013
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.
It’s edge of the seat stuff at the moment for investors in Red Emperor Resources (RMP). At least it would be if any were still awake. It’s now been ten months since the Horn operated Joint Venture updated the market with its second disappointing result in Puntland; ten long, dull, boring months.
As most of the AIM resource sector has gone into meltdown, Red Emperor’s share price has been pretty stable. OK so it is true much of this stability is down to the fact the share price crashed through the floor much earlier than others, but
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