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Bullboard - Stock Discussion Forum 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 Discussion

RESERVOIR MINERALS INC > re.. re.. re.. halt
View:
Post by cueball40 on Aug 31, 2012 3:20pm

re.. re.. re.. halt

cant be  financing we know that  cant be results or we would of opened  this morning.. my guess   BUYOUT
Comment by rodneyc on Aug 31, 2012 3:24pm
  I have seen multiple buyouts. Only in one case was the stock halted so long (FSY). That was a fiasco. I am not saying we have bad news. I am only saying that some complication has come occurred at the last minute – and most likely another bidder.
Comment by Zerosum on Sep 01, 2012 9:09pm
I think the answer is quite simple. First of all we have two companies privy to any lab results here. Not just one. Which theoretically could mean there is twice the potential of having a news leak before a proper NR has been drafted up by the junior partner in this case. Majors don't really disclose drill results as a rule unless they have to. The major partner here may also be like many ...more  
Comment by rubicon on Sep 02, 2012 12:19am
Hard to compare those two…, GQC own 100% of Las Tres Palmas, RMC own 25% of Timok (on feasibility).
Comment by suitcase1 on Sep 02, 2012 1:08am
Do we not still own 100% until earn in is completed? Do we have a share holders rights plan in place?
Comment by suitcase1 on Sep 02, 2012 1:11am
Do we not still own 100% until earn in is completed? Do we have a share holders rights plan in place?