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Re: None

Sunday, 06/21/2015 4:41:27 AM

Sunday, June 21, 2015 4:41:27 AM

Post# of 1085
The biggest barrier with RVXCF....

The way I see things the US OTCBB listing is a big negative, there's hardly any trading on the US side. 3 month average volume isn't even 30K per day...many days its under 10K, and some days it doesn't trade at all.

RVX.TO on the tsx by contrast has much higher volume, but still at just 150K or thereabouts, its hardly eye popping. With volume that low anyone with any liquidity concerns is likely to stay away.

I'm bullish as aitch ee double hockey sticks, and in my opinion the best time to be buying speculative issues is when volume is light....if/when volumes improve I believe the PPS will by much higher, but the risk is that the anticipated higher volume trading doesn't come.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.