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REDHILL RESOURCES CORP V.RHR

"Redhill Resources Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of resource properties."


TSXV:RHR - Post by User

Comment by Tommer3on Sep 18, 2013 12:35pm
182 Views
Post# 21748758

RE:RE:RE:Why would they do this now!!!

RE:RE:RE:Why would they do this now!!!
The news release from yesterday must be part of a bigger picture as insiders hold nearly 40% of the outstanding shares.  They would not do this if there was not a master plan in place.  In my opinion, I think  the company has been shopping the globe for something significant that  is advanced and close to the production stage. 
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This recent event could be the catalyst to perform a higher financing to buy such a deal..... or a shares for purchase. 
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With so many shares being held by insiders there has to be a master plan or why else do it?  If insiders did not have so much skin in the picture here - I would be scratching my head,
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Regards,
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Tommer3

 
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