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Bullboard - Stock Discussion Forum
RESERVOIR MINERALS INC
V.RMC
Metals & Mining
Industrial Metals & Minerals
"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."
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TSXV:RMC - Post Discussion
RESERVOIR MINERALS INC
> u gotta dump this
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•••
cueball40
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Post by
cueball40
on Apr 11, 2013 2:42pm
u gotta dump this
i keep tellin ya guys sell this pos cause if it was any good that news other day would of propelled it much higher... this just in for u ROOKIES dump it u have been warned
(0)
•••
creaturecomphort
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Comment by
creaturecomphort
on Apr 11, 2013 4:34pm
You're 3 days late and a dollar short. There was some selling by folks like myself who sold a small percentage of our holdings from the private placement and conversion of warrants to cover our initial costs. We used the good news that raised the price to sell at a higher price. Looking at the volume, it appears as if that selling is over. RMC is in the process of
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•••
husk16
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Comment by
husk16
on Apr 11, 2013 5:51pm
CC I think you are bang on with your assessment. Looking back at trading the last few months, volume has normally been around 100k per day. I think that those that converted warrants took advantage of the buying pressure to cover the costs of those warrants. Too bad RMC hadn't been on my radar earlier, but I will try to accumulate more shares if it stays in this price range a
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•••
cd673
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Comment by
cd673
on Apr 12, 2013 11:20am
I sold shares also. Based on prior trading after news I'd expect some down pressure the next 60 days, especially considering the sector and global markets. I will accumulate shares between $2 and $2.25 if I can. I wish I did that last time after the first big hole. No science to that, just a gut feel. I like that Freeport is funding still, but this is a long play and
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