OTCQX:RPMGD - Post by User
Comment by
carrot50on May 12, 2017 11:06am
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Post# 26237010
RE:Negative pressure
RE:Negative pressure The reason there is so much selling pressure is because when the needed funding for the mine purchase they financed themselves silly. Over 200,000,000 share at $.22. More than doubled the outstanding shares at that time. The owners of those shares are big funds. If they can realize 10% or more they sell. making a profit is the only thing they are interested. so a lot selling has to happen before those 200,000,000 million shares move to stronger hands. Or more commonly known as - more sellers than buyers.