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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 jezzanzukon Apr 28, 2016 2:11pm
245 Views
Post# 24821513

Share Price

Share PriceRMC and NEV are tracking each other step for step. Looks like NEV is going to hit the pre announcent levels @ $4.70  by end of this week or early next week if it keeps up current share movement, so RMC should realise the target price of $9.40. If the market sees the value of this deal and NEV pushes higher RMC value should keep tracking and pass the $10 mark. So the question for all the RMC holders is when to sell... keep holding? Sell some? Sell all? 

I bought  a thousand NEV when they dropped to $4.20 hoping they would quickly regain the inferred value. Looks a good call.
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