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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Comment by creaturecomphorton Apr 09, 2013 2:00pm
323 Views
Post# 21232312

RE: RE: RE: RE: RE: Confused by the price action

RE: RE: RE: RE: RE: Confused by the price action

I sold 31% of my holdings at 5X times what I paid.  Holding period was greater than a year so the capital gains rate applies.  The 69% I continue to hold are a free ride.  It is still a sizeable position in my portfolio.  The freed up money will be used to open positions in other companies sitting on huge opportunities that have been beat down in the ceaseless grind in Canadian stocks over the past 2 years.  There is blood in the streets.

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