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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."


TSXV:RMC - Post by User

Post by Buckshot26on Jan 28, 2014 5:53pm
243 Views
Post# 22144561

today's trading

today's trading
as psj67 says below, you don't want to pay too much attention to the day to day action, just ask yourself is the news constructive to the ultimate view that Freeport buys out the project. I believe the news in constructive in that respect so who cares if we're trading at $5, 6 or 7 or whatever. We will get our due money and hopefully sooner than later. Have a look at PVG if you want a possible interesting comparison. They put out a big 43-101 on December 19th and the stock traded flat for the following couple of sessions. It has since taken off and doubled. Markets aren't often predictable and more often than not unintuitive. Maybe the share price is being manipulated or perhaps it's just a case of sell on news. who knows... What we do know is that we posted an amazing 43-101. word is that we will see almost all of the outstanding assays in the next couple of weeks. This accompanied by some analyst upgrades should provide the strength to get us over $7 which in my mind sets us up for a buyout around $10. I could easily be wrong, but I intend to hold tight to see how she plays out. GLTA and regards, Buck
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