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Bullboard - Stock Discussion Forum 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."

Bullboard (TSXV:RMC)

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Comment by Meester954on Jun 16, 2016 7:40am

RE:RE:Just Out

The vote only relates to the Nevsun proposal as outlined in the solicitation materials, and it is a simple yes or no vote.  Anyone who shows up at the meeting and is verified as a shareholder as ...more  
Post by psj567on Jun 16, 2016 2:27am

Watch

Nevsun needs and wants this deal badly. It will blink first and increase its offer.
Comment by digipicon Jun 15, 2016 11:27pm

RE:Just Out

"Reservoir is now debating whether to extend the proxy deadline, postpone the shareholder meeting, or take the matter to a vote at the meeting, said the person, who asked not to be identified ...more  
Comment by Meester954on Jun 15, 2016 3:19pm

RE:RE:RE:RE:RE:something interesting to ponder

Amen on the tax hit!  Thankfully I avoided most of the commodity carnage and got out of everything but RMC early on. It will be fascinating to watch how this unfolds.  At this point, when I ...more  
Comment by rob926on Jun 15, 2016 3:13pm

RE:RE:RE:RE:something interesting to ponder

Really thankful for the tax hit since I lost a lot on a bunch on other stocks that Byron King picked. I wish I subscribed to Brent Cook's newsletter instead since i would have lost less!  ...more  
Comment by Meester954on Jun 15, 2016 3:10pm

RE:RE:RE:something interesting to ponder

Rob-I get it.  Since it seems that most of the newer posters are also newer shareholders, trading in the manner suggested seems like a pretty good strategy.  I have to manage the tax hit ...more  
Post by rob926on Jun 15, 2016 2:59pm

Just Out

Reservoir Minerals Inc. is weighing its options after early votes by its shareholders came back too close to call on whether to support its takeover by Nevsun Resources Ltd., according to a person ...more  
Comment by rob926on Jun 15, 2016 2:56pm

RE:RE:something interesting to ponder

True but for long term holders we will have a huge tax bill due since we are up 700% to 1,400%. If it was a US stock buying a put might be great insurance to a move down.
Comment by Meester954on Jun 15, 2016 2:27pm

RE:something interesting to ponder

Not a bad trading strategy at all.
Post by vaeirrr1on Jun 15, 2016 2:14pm

something interesting to ponder

Oh and maybe my last post here, I am thinking about how the "NO" vote would play out and it is interesting that if I vote for "NO" deal and think that it would come to pass, I ...more  
Post by Meester954on Jun 15, 2016 2:11pm

Time to Wait and See the Results

Not much point in going back and forth now, is there.  Let's sit tight and see if NSU's dialing for votes worked.
Post by vaeirrr1on Jun 15, 2016 2:05pm

Shouldn't arguments be judged base on its own merit?

So new posters' opinions = automatic junk Anyone favouring the NSU deal = automatic junk again People who hold large poisitions and happen to have the same view as you do = the truth I would ...more  
Post by Demon11on Jun 15, 2016 1:56pm

Agree a bit investment and common sense is missing ..

above all -- and understanding of the mining and the mining industry by many posters 
Comment by rob926on Jun 15, 2016 1:54pm

RE:RE:News out from XGC....

Your posts start May 11th so you are irrelevant to me. Obviously only started posting to support the Nevsun deal. No posts prior to this deal.
Comment by Meester954on Jun 15, 2016 1:53pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:News out from XGC....

For the record, I am happy either way.  I have made a significant amount of money here.  I do, however, hate to see something I own be sold for what a price that is materially less than it ...more  
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