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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 Meester954on Mar 16, 2015 11:35am
148 Views
Post# 23525377

Encouraging Action

Encouraging ActionWhat I find encouraging since the press release last week is the fact that there are not many sellers.  Volume is quite low and bids seem to be relativelty firm.  If any of our significant shareholders (thinking about the Chinese in particular) had increased their positions over the last few months when the price was weak, would they be required to automatically disclose that fact or would they need to have exceeded certain threshholds beyond what they already own? I an US-based and do not know the Canadian disclosure rules so any guidance or thoughts would be appreciated.
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