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Richmond Minerals Inc V.RMD

Alternate Symbol(s):  RMDFF

Richmond Minerals Inc. is a mineral exploration company, which is engaged in the exploration projects located across the provinces of Quebec, and Ontario. The Company is focused on the exploration of the Canadian Ridley Lake Gold Project located in the heart of central Ontario’s Swayze Greenstone Belt and development of a polymetallic project near the town of Oberzeiring in the traditionally resource-rich province of Styria in Austria, Europe. The Ridley Lake Property consists of a total of 196 contiguous mining claims located in Raney and Rollo Townships, Ontario in which Richmond holds a 100% interest. The Oberzeiring Polymetallic Property covers an area of more than 3,000 hectares and is located near the town of Oberzeiring in the province of Styria, approximately 80 kilometers north of Graz, Austria. It also owns 362 exploration licenses host historical gold mines and are located in the southern part of Austria in the federal states of Carinthia and Salzburg.


TSXV:RMD - Post by User

Bullboard Posts
Post by tes1936on Aug 29, 2009 8:54pm
365 Views
Post# 16261761

Volume

VolumeBy the looks of it, this stock has been pretty dormant the past few years then all of a sudden on August 17th it trades over a million shares in a day then again last week on August 25th it trades 1.6 million, the spikes do show that something is coming. The volume cleared out some of the traders that had been holding for quite a while now and I think we will reach the next level soon, all indications point to news coming this week and the spikes lately might have been people in the know getting in before the run. I know sellers can come out anytime but last week MD was showing only 500,000 shares taking the price to 38 cents! Doubt very much that would happen but hey anything is possible on the venture!

Tes
Bullboard Posts