RESERVOIR MINERALS INC V.RMC

Tired of waiting

[rob926]

Anyone out there tired io waiting and now worried? I am! This complete breakdown in the stock is getting bad. Our large investors are sitting on the sidelines now that the price has dropped well below the 200 day average and the offering price. The volume has been small but it could be because there are not many buyers. We need to move up 47% just to get back to where we were before Freeport stopped drilling. This resource market is giving up all the gains we had in our beat up stocks for the first 6 months of the year. The attitude has gone back to the world does not need any new resources. Brent Cook just got back from a mining conference and said that nearly every company was looking to eliminate early exploration and to down size development projects. Freeport is using this bad mining environment to decimate our stock. This keeps up Freeport will be able to make a run at the company on the cheap, or wait us out and force us to take the poor deal that is on the table. I really hope that there is some good news to announce next week for the analyst tour. Although I’m not betting on good drill results from the first shallow prospect since the first holes were drilled over 2 months ago. If there was a discovery we probably would have known by now. At least I would hope they would not hold back good news while our stock tanks. Hopefully they are finding something on one or more of the deeper targets. We are dangerously close to being at a loss for the year. It is too bad Freeport has to be such a bad and unscrupulous partner. We probably would have a stock over $10 by now.

[knotshure]

4.80 and no support .... Freeport must be ready to bail out .

[creaturecomphort]

ok, so you're short and don't have anything to add.   Price is not perception.  Now is a great chance to load up for those who have done so already.

[Meester954]

Agree with you completely.  knotsure joined in the Spring and has never posted on any stock other than RMC.  I am happy to add a few more shares and wait patiently.

[thorgb1]

Knotshure is a trolling douche. He had a post that he had made a few months back saying hold RMC tight and don't worry about price fluctuations deleted, and he calls 30K shares a massive selloff. Come out of your moms basement and have a look at the resource sector right now..... We should have drill news ahead of analyst tours next week, stay tuned. Hope to get some feedback from any board

[knotshure]

30% is a massive sell-off . You must also remember being told to sell long ago. Enjoy the W/e.

[thorgb1]

A 2% drop on 0.14% of outstanding shares changing hands is a massive selloff? You show up everyday screaming massive selloff, must be bad results, must be Freeport backing out, blah blah, blah. I'm happy to enter into rational debate on the merits of the stock, but you state blind speculation as fact in order to create uncertainty, making you a troll. Fact is is there is $10 a share in gold