Cracking A New 52 Week High, (RMES) Is Up An Approximate 253% Right Now
RMES is blazing up the charts this morning.
With a new 52 week high so far of $.31, RMES is starting to gain some serious attention.
Currently up an approximate 253% at this moment, how high can this profile go today?
If you haven't read my initial report below, do so now and get RMES on your screen now.
The bell just rang and it's time to pay close attention.
Just like on Wednesday, I'm bringing you a new low float profile to get on your radar ASAP.
In case you missed my last idea, it surged approximately 175% intraday after opening at $.02 and surging to $.055.
But, that was then, this is now...
For Friday, November 13th, there is only one profile to have at the top of your watch-list:
Red Metal Resources Ltd. (RMES)
Red Metal Resources Ltd., based in Thunder Bay, Ontario, is an aggressive exploration company focused on growth through acquiring, exploring and developing copper-gold assets in Chile.
And, due to its low float, you need to get your eyes on RMES right now.
No. 1 Potential Driver Indicator For RMES
According to the OTC Markets website, RMES has only 5.79Mn unrestricted shares available.
When a profile has these few unrestricted shares available for trading, volatility can lead to sharp vertical chart movements if above average trading volume comes into play.
On August 31st of 2020, RMES showed how quickly it could move after it opened at $.055 and ran to a high of $.10 for an intraday eruption of 81%.
Could a move like that happen again today? Will it be more like your Wednesday profile's vertical run?
There's no time to waste today. Get RMES pulled up quickly.
More About The Company (RMES)
From the company website:
Red Metal Resources Ltd. is a US-listed mineral exploration company focused on aggressive growth through acquiring, exploring and developing copper-gold assets in Chile's III Region.
As the world's leading copper producing nation, Chile is famous for world-class, low-grade, high-tonnage deposits and possesses massive potential in undeveloped mid-sized, high-grade, copper-gold deposits. Chile has consistently been ranked as one of the most politically stable countries in which to invest, contains excellent infrastructure and possesses a mining-educated workforce.
Our projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera, host to Freeport McMoRan's Candelaria Mine and Anglo American's Mantoverde Mine.
In addition to possessing highly-prospective projects in a world-class mining jurisdiction, Red Metal's management has a strong geological and exploration background, complemented by financial and business expertise. We believe that these factors set us apart from the majority of junior resource companies.