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Bullboard - Stock Discussion Forum Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt ... see more

TSX:RUP - Post Discussion

Rupert Resources Ltd > Chat pattern
View:
Post by martin95833 on Dec 19, 2020 1:22pm

Chat pattern

Bart Simpson formation happening?
Comment by goldanalyst on Dec 21, 2020 3:16pm
RUP is struggling to find direction of late but I think we will be okay once tax loss selling is over....the volume is so light here that 10,000 shares can meaningfully change the SP...in the long term we are fine with this one provided gold starts to move sometime soon?
Comment by eatmorefiber2 on Dec 21, 2020 4:15pm
Maybe Mr. Market don't like Brimacombe selling 2 days after news release.  A small percentage from his holdings, but still 14,900 shares sold.
Comment by Nodga2000 on Dec 21, 2020 4:44pm
If you look at Brimacombe's selling pattern, he's also bought stock over the past year, so it doesn't concern me. If I had 19m shares I would be tempted to sell the odd 10k for $50k, knowing that I still had $100m in reserve! He doesn't seem to sell on weakness and not in size either. I don't think any of the Director sells can tell you anything and you certainly can't ...more  
Comment by PACO2 on Dec 23, 2020 12:00pm
I guess Alan should not be buying & selling on the open exchange market like us. He holds too much and his trades will sway the price. He should sell his shares the way he got them  without manipulating the price. The chinese would love a chunk of his holdings . GLTA
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