Rocky Mountain Liquor Inc V.RUM

Consumer Defensive Grocery Stores

Rocky Mountain Liquor Inc., through its subsidiary Andersons Liquor Inc. (Andersons), owns and operates private liquor stores. The Company owns and operates 25 liquor stores in Alberta. The product mix generally offered by Andersons at its retail stores includes beer, spirits, wine and ready to drink liquor products, as well as ancillary items, such as juice, ice, mix and giftware. The Company is focused on locations outside of the urban centers (Edmonton and Calgary) and on specific sites with maximum traffic and minimal competition. Andersons is also focused on store operations and optimizing its operating margin. Its liquor stores in Alberta are located in Athabasca, Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Morinville and others.

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Rocky Mountain Liquor Inc > Insider buying - 200 000 shares at 0.20$

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Comment by Fansseon Jul 28, 2021 7:56pm

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RE:RE:RE:RE:RE:Insider buying - 200 000 shares at 0.20$

Man, thanks for the inputs, I really appreciate it.

I'm wondering, with the amount of shares he owns, does he have any inputs with the management at all or not. (I'm not sure if that's unethical or not)

I'm curious if he wanted to protect his downside by owning over the 10% thresold or because he genuinely wanted to add more to his position. In the big picture, 40k worth of shares is not a lot.

Like you said, hoping we will have some answers in the next ER.

If they continue on the right path, good sales and cashflow, this can be a really good investment I believe.

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Gold penny stock unearths more riches from its assets