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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 psj567on Apr 05, 2014 1:37am
242 Views
Post# 22415223

Impressively Strong Intra-Day Performance on Heavy Volume

Impressively Strong Intra-Day Performance on Heavy VolumeOne of RMC's strongest trading days where there was not any news release. Strong buying late in the day (and on a Friday) brought the stock up nearly 7% off its intra-day low to close down only 11 cents. There is strong buying in the $6.50 to $6.80 range. More strong hands.

There was a relatively smaill sale of 50,000 shares by director Michael Winn today. After the sale he now owns 455,000 shares and 155,000 options. Yes Dorothy, even directors/ insiders need some cash to live on now and then.
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