Tuesday,December 18,2012----
The 18 BEST reasons to SELL "Reservoir Minerals Inc" RIGHT NOW !!
Get ready to be SCHOOLED on the ways of JUNIOR MINING STOCKS !!
Sorry but it is ALL bad news from now on.
Note----Email OR 'cut & paste" IMMEDIATELY
to YOURSELF or your brother,sister,etc,
Why ??
This posting/article WILL be deleted
SOON !!
(the pumpers will see to it !!)
Your friends & family will be SHOCKED
by this brutal honesty AND timely & massive wisdom !
WHY am i writing this ??
Charity work for current investors/BULLS of this stock
PLUS some GOOD KARMA for myself !
This stock WILL collapse in either December 2012
or January 2013 at the latest !
Collapse ??
Yes----go BELOW $1.50 per share !!
Hey---i TOLD you so !!
(
Save & copy freely---send or email to self,friends & family !
Copy on your blog,
etc.
A massive LEARNING experience for you,
FAMILY
& friends !!)
________________________________________
Time & effort spent on this :
Monday,December 17,2012 ( to Dec.18,2012)---9:05pm to 1:27am----4 hours & 22 minutes.
Sunday,December 9,2012----4:12pm/Pacific Time to 5:32pm----1 hour & 20 minutes.
Total time spent on this-----5 hours & 42 minutes.
_______________________________________
The 18 BEST reasons to SELL "Reservoir Minerals Inc" RIGHT NOW !!
Get ready to be SCHOOLED on the ways of JUNIOR MINING STOCKS !!
Sorry but it is ALL bad news from now on.
Why sell this stock ??
Here are the reasons :
NOTE----The following is my opinion only.
Consult a stock professional (Stockbroker,etc.) for advice on WHEN to sell.
(However, i KNOW i am RIGHT on this stock !).
You have been warned to LIGHTEN UP or sell at least 50% of your position
in mid-November or on November 19,2012.
If you have NOT done so,
be PREPARED to be wiped out financially
or suffer AT LEAST 30% or greater losses (from the $2.79 stock price of Nov.19,2012)
WITHIN the next 2 months or by Feb.17,2013 at the latest !!
# 1 reason-----
November 19,2012----2012 Stock Chart For Reservoir Minerals Inc
---How to PROPERLY research a JUNIOR mining stock 101 :
( Why SELL this stock right now !!!)
https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31798663&l=0&r=0&s=RMC&t=LIST
# 2 reason-----There is a stock market aphorism about company news:
Good news comes by air express,
bad news comes by
slow freight.
It is especially true of drill results, assays in particular.
Treat this advice as 100% correct---always !!
It has been since September 4,2012 since the last drilling results !!
Uh oh !!
Then on December 10,2012 at 1:18pm Pacific Time,
FINALLY some drilling news !!
Yes---12 minutes BEFORE the market closes !!
What was the news ??
December 10,2012----Reservoir Minerals drills 100 m of 4.31% CuEq at Timok.:
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aRMC-2024029&symbol=RMC®ion=C
NOT as good as the original news,
so the stocks heads lower !!
Here is the original GREAT news :
September 4,2012---Reservoir Minerals Drills 160 Metres Grading 10.16% Copper Equivalent
at Timok Project
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3ARMC-1993612&symbol=RMC®ion=C
# 3 reason---This stock is nothing more than a ONE HOLE (to 2 hole) wonder,
DESPITE ts nearly $20 million piggy bank (cash on hand) !!
The lack of DRILLING-ORIENTED news releases over the last 3 months
VALIDATES this !!
(From September 5 to December 9,2012 or 3 months & 4 days !!)
How can i say this ???
Let's look at the past (recent AND much older ) stock promotions with JUNIOR Mining Stocks
FOR CLUES
on why Reservoir Minrrals Inc
is headed MUCH lower !! :
A) GoldQuest Mining Corp.
had ONE great hole,
followed by several bad to DECENT holes ,
August 27, 2012----GoldQuest Intercepts Significant Mineralization at Romero, Dominican Republic
------Includes 235 Metres Grading 4.7 g/t Gold (Using 50 g/t Gold Cut-Off, or 7.9 g/t Gold, Uncut) and 1.4% Copper in Hole LTP-094
(THE great hole !!)
Sept.24,2012----Goldquest drills 123 m of 2.64 g/t Au at Romero
Nov.26,2012----Goldquest Mining drills 52 m of 1.3 g/t Au at Romero
B) Creso Exploration Inc.
had TWO great holes,
followed by several bad holes ,
June 9, 2010----Creso Exploration Intersects 65.7 Meters of 18.2 g/t g and 79.6 Meters of 4.61 g/t Gold in Hole #2 on the Minto Project.
( THE great hole !!)
August 9, 2010----Creso Exploration Intersects 82.5 Meters of 13.3 g/t Au in Hole #1 at the Minto Project,
( SECOND great hole)
October 29,2010----Creso Exploration Reports 280 Meters of 1.15 g/t Gold From Preliminary Minto Hole 3 Drill Results in the Shining Tree Area, NE Ontario
(nightmare hole)
C) CB Gold Inc
had ONE great hole,
followed by several bad holes ,
Oct 24, 2011-----CB Gold Inc. Intercepts 114.98 Metres At 7.57 G/T Gold
Including 40.89 Metres At 17.17 G/T Gold In A New Mineralised Zone
( THE great hole !!)
November 8,2011---GOLD CLARIFIES TECHNICAL DISCLOSURE
Dec.21,2011----CB GOLD INC. ANNOUNCES THE ACQUISITION OF ADDITIONAL PROPERTIES
AND DRILL RESULTS EXTENDING THE NEW MINERALIZED ZONE AT REALMINERA
INCLUDING INTERCEPTS OF 8.27m AT 7.84 G/T AU AND 20.90m AT 1.17G/T AU.
Jan 18, 2012----CB Gold Inc. Intercepts 16.87m At 17.07 G/T Au And 10.48m At 2.31 G/T Au Extending The New Mineralized Zone At Real Minera
D) Seafield Resources Ltd
had ONE great hole,
followed by several bad holes ,
December 2, 2010----Seafield Drills 449 Metres Grading 1.29 g/t Gold at Miraflores, Quinchia Gold Project, Colombia
( THE great hole !!)
Dec.8,2010---Seafield Reports 1.75 g/t Gold Over 94 Metres in Trench From Dosquebradas, Quinchia Gold Project, Colombia
Feb.14,2011---Seafield Drills 369 Metres Grading 1.0 g/t Gold at Miraflores, Quinchia Gold Project, Colombia
March 7,2011---Seafield Drills 200 Metres Grading 0.98 g/t Gold, 0.09% Cu at Dosquebradas, Quinchia Gold Project, Colombia.
E) Etc.
F) Etc.
See a little PATTERN here ??
These stocks ran on GREAT drilling news( = excitement !),
raised a lot of money,
and THEN were followed by DISAPPOINTING drilling news !
A smart SPECULATOR learns from his mistakes,
but an even wiser speculator "learns from the mistakes of others (or patterns from OTHER stock promotions !!!)".
So,HOW do you know a certain stock is NOT a one or two hole wonder or glory hole ??
Basically,the stock has a large MULTI-MILLION DOLLAR financing
AFTER the glory hole results are released
AND then the stock STAYS STRONGLY ABOVE that financing price,
followed by MULTIPLE drill hole results
of EXCELLENT values !
Want an example ?
How about Aurelian Resources Inc ?
Even Aurelian Resources,which had a GREAT drill hole on April 5,2006,
soon had a HUGE $20 MILLION "bought deal private placement financing"
on April 27 or only 22 days later.
This was followed by another GREAT hole on June 2,June 6,June 21,
July 6,July 26,August 21,August 23,September 14,October 18,
November 1 and December 15,2006 !!
If drilling results come "fast & furious" like this example,
then the stock is NOT a one or two hole wonder.
If the drilling news is NOT followed by EQUALLY great drilling news within 2 months
of the INITIAL glory hole,
THEN YOU KNOW the stock is doomed
and will only go MUCH lower, not higher in share price !!!!!
# 4 reason---The stock promoters (NOT the management,officers & directors of this stock or company !!!)
SOLD most of their stock on GOOD to GREAT NEWS !!
This happened from September 4 to 11,2012
or
over SIX CONSECUTIVE TRADING DAYS !!
Evidence is here :
| Date |
Open |
High |
Low |
Close |
Volume |
Chg |
% Chg |
Adj. Close |
| 09/11/12 |
3.79 |
3.84 |
3.63 |
3.66 |
737,549 |
-0.18 |
-4.69% |
3.66 |
| 09/10/12 |
3.44 |
3.85 |
3.38 |
3.84 |
966,731 |
0.45 |
13.27% |
3.84 |
| 09/07/12 |
3.16 |
3.44 |
3.08 |
3.39 |
630,923 |
0.23 |
7.28% |
3.39 |
| 09/06/12 |
3.18 |
3.22 |
3.07 |
3.16 |
388,401 |
0.02 |
0.64% |
3.16 |
| 09/05/12 |
3.07 |
3.17 |
2.90 |
3.14 |
914,227 |
-0.04 |
-1.26% |
3.14 |
| 09/04/12 |
3.10 |
3.48 |
2.96 |
3.18 |
2,660,674 |
1.01 |
46.54% |
3.18 |
|
|
|
|
# 5 reason----Tax loss selling for Canadians is coming soon (December 24)
and for Americans (December 31) too !!
This is the perfect set-up to release (further) BAD news
(Or bad/mediocre drilling results),of course !
# 6 reason----The stock formed a DOUBLE TOP formation over 2 consecutive days,
with a high of $3.85 on September.10 and another high of $3.84 on September 11,2012
# 7 reason----It is INCREDIBLY RARE for a stock to have a YEAR LOW of 35 cents
and then go over $5.00 per share.
This happens perhaps to 1 to 3 stocks per year on a junior mining stock exchange.
The odds are HORRIBLE for this stock to go to $5.00 or even higher !!
Yikes !!
# 8 reason----The stock issued what i call " a distraction news item" BEFORE the second set of drill results !
This bodes VERY poorly for the upward trajectory of this stock,
This news item was :
November 1,2012---Reservoir Minerals finds 20 km gold anomaly at Bibemi :
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3ARMC-2009037&symbol=RMC®ion=C
There are no REAL drilling results after a long delay from the LAST drilling results !
# 9 reason----On a CONTRARIAN basis,
i have NOT seen any MILD to HARSH CRITICISM or SELL recommendations
for this stock on Google Search !!
The ONLY exception is myself,Jenna Green.
The LACK of sell out now or sell advice/recommendations is RATHER DISTURBING
or EXTREMELY bad news
for BULLISH/LONG shareholders !
Not more than ONE "SELL recommendation" ??
After such a STRONG or 1,000% run ??
Wow----serious DANGER time here !!
# 10 reason----The top 5 message board writers (by quantity of postings) over the last 30 days
are NEARLY ALL BULLISH on this stock.
On a contrarian basis,
this is VERY negative !!
Out of the top 5 posters,
ONLY ONE is somewhat negative !!
Of course,JennaGreen1976 is NOT even a top 5 poster
but was NEGATIVE on the stock VERY EARLY
or as early as November 19,2012
when it was $2.79 per share !
Now on December 17,2012 it is $2.14 per share !!
# 11 reason----There are MANY SILLY arguments to hold this stock right now
or in December 2012,
such as :
a) I've heard rumours of more holes being likely in February 2013
b) Looking out 6 months to a year I can see this stock being bought out by Freeport in the $10 to $15 range
once the outer limits of the deposit is found
but again that is just my opinion.
c) I think somebody wanted this stock to drop to buy up some cheapies
because in a few months it will be much higher based on what I see with these results
IMHO.
d) RMC got hit this month like all juniors.
If it can take the heat here it will go much higher in the months ahead.
Sell in May ????
# 12 reason---There are FEW big buys or blocks at current levels
( of 1,100 or more shares !).
https://www.stockhouse.com/companies/level2/v.rmc
Of the last 30 trades,only 5 trades have been over 1,100 shares
(from 2,000 to 5,000 shares).
Less than 20% of all buys !!
On the other hand,
25 of the last 30 trades have been from 50 to 1,000 share lots !!
More than 75% of all buys !
# 13 reason---None of the top management of this stock
(Officers AND directors !)
are BUYING right now !
https://www.canadianinsider.com/node/7?menu_tickersearch=RMC
If THEY aren't BUYING,
you should NOT be either !!
Translation----That ALSO means it is time to GET OUT
or
SELL OUT.
Do you want me to be BLUNT,
if you don't get the gist or idea behind these 18 reasons to sell right now ?
Okay---here goes :
Is it "time to panic" ?
Well the time for PANIC was in November 2012,
BEFORE the second batch of drilling news was released !!
But yes---Of course it is time to panic !
ONLY foolish investors/SPECULATORS are long/bullish NOW !
Sorry !
# 14 reason---The SMART MONEY ( Stock promoters & some insiders !
You ??)
got out "on HEAVY volume"
or see here :
| Date |
Open |
High |
Low |
Close |
Volume |
Chg |
% Chg |
Adj. Close |
| 09/11/12 |
3.79 |
3.84 |
3.63 |
3.66 |
737,549 |
-0.18 |
-4.69% |
3.66 |
| 09/10/12 |
3.44 |
3.85 |
3.38 |
3.84 |
966,731 |
0.45 |
13.27% |
3.84 |
| 09/07/12 |
3.16 |
3.44 |
3.08 |
3.39 |
630,923 |
0.23 |
7.28% |
3.39 |
| 09/06/12 |
3.18 |
3.22 |
3.07 |
3.16 |
388,401 |
0.02 |
0.64% |
3.16 |
| 09/05/12 |
3.07 |
3.17 |
2.90 |
3.14 |
914,227 |
-0.04 |
-1.26% |
3.14 |
| 09/04/12 |
3.10 |
3.48 |
2.96 |
3.18 |
2,660,674 |
1.01 |
46.54% |
3.18 |
|
|
|
|
# 15 reason----I don't like how the simple moving averages (SMA) are moving for this stock !!
Note---ALL moving averages are as of December 17,2012
a) 10 day----$2.64
b) 20 day---$2.81
c) 30 day----$2.82
d) 40 day---$2.88
5) 50 day---$2.91
6) 100 day---$2.68
7) 150 day----$1.99
8) 200 day---$1.62
It is especially worrisome that the stock is now $2.14
and both the short term moving averages of 10 days is $2.64
and the 30 days is at $2.82.
# 16 reason---This stock hit a JUNIOR MINING STOCK "death cross"
(invented by JennaGreen1976 in December 2012 !!! )
when the 10 day moving average FIRST went below its 30 day moving average.
This happened on October 11,2012
or nearly 2 months & 6 days ago !!
The stock closed at $3.05 that day !!
Approximately only 21% drop from its ultimate high of $3.85
set earlier on September 10,2012 !!
See here :
| Date |
Open |
High |
Low |
Close |
Volume |
Chg |
% Chg |
Adj. Close |
| 10/11/12 |
3.18 |
3.18 |
2.95 |
3.05 |
133,074 |
-0.12 |
-3.79% |
3.05 |
| 10/10/12 |
3.16 |
3.20 |
3.11 |
3.17 |
99,973 |
-0.03 |
-0.94% |
3.17 |
| 10/09/12 |
3.29 |
3.29 |
3.16 |
3.20 |
107,550 |
-0.05 |
-1.54% |
3.20 |
| 10/05/12 |
3.38 |
3.40 |
3.22 |
3.25 |
216,909 |
-0.18 |
-5.25% |
3.25 |
| 10/04/12 |
3.17 |
3.45 |
3.17 |
3.43 |
251,367 |
0.23 |
7.19% |
3.43 |
|
|
|
|
# 17 reason-----The are NO or FEW "stock bashers" for this stock---the message boards
for this stock are mostly stock pumpers.
Of the last 30 postings/messages
between December 11 and 17,2012,
exactly 90% are POSITIVE !
Yikes !
Only 3 postings are somewhat negative.
On a CONTRARIAN basis,
this spells "Danger--sell out now" !!
Hey---i warned you !
# 18 reason-----Real stocks and real stock promoters DON'T let 30 or more days go
without news
AFTER a great drill hole
AND/OR
from the date of the stock's YEAR HIGH ( Sept.10,2012).
If this stock was MEANT to go from 35 cents to $5.00 PLUS per share,
it would have done so
by October 10,2012
or at the most 5 weeks from its LAST great drilling news
of September 4,2012 !!
Since this did NOT happen,
the stock is HEADED LOWER----NOT higher in share price !!
Okay,i am tired.
Maybe,just maybe, i will continue this later.
Much Love & kisses always,
Jenna Green 1976
Tuesday,December 18,2012
( Worth copying & saving
---You WILL learn
a LOT
from each posting/article/commentary !!!)
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