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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 07, 2014 3:42pm
272 Views
Post# 22421693

Insiders' Interests Remain Aligned with All Shareholders

Insiders' Interests Remain Aligned with All ShareholdersWe all have to raise children, eat, pay mortgages, tuitions and medical bills. The 3 sellers are no exception. Wynn sold 50,000 shares; he still owns 456,000 shares and 155,000 options. M. Thompson sold 151,500 shares; he still owns 818,000 shares and 200,000 options. Vidiovic sold 250,000 shares; she still owns 250,000 shares. Simon Ingram, Chris MacIntyre and the remaining insiders sold no shares. Jing Bao, a 10% holder, in the past 2 weeks significantly increased its share ownership. 

Don't lose sight of the big picture: the downside risk to RMC is minimal and the upside is potentially $25 a share.
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