RE:RE:RE:This is it !
I can always appreciate a contrarian view on any stock board.
Saying that, this is the way I look at where things are at now.....
- a private placement was just oversubcribed to at a price that is a premium to open market prices
- open market price has traded 5-20% below the closed financing price for weeks.... usually the it's the other way around with PP's..... it's oversubscription says a lot
- the new CEO just dropped $30K of his own money into the financing..... other insider participation in it has yet to be disclosed
Does that guarantee RRS's price is going to the moon? Of course not.
They've given us a rough 6-month timeframe to show us if Silicon Ridge Project has what it takes to get the share price to the next level.
At this stage, the personal financial commitment to the project by insiders speaks volumes.
It's true that 'the market always knows,' but so do the insiders!
Money talks. Everything walks.