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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 > PRESENT ASSESSMENT.
View:
Post by santee on Apr 06, 2014 2:47pm

PRESENT ASSESSMENT.

A lot of talk on variables, this is a stock. Its action is as thinggs happen. Run up to financing, done. Holding period ,end July, done. Market adjustment after financing bieng done. Views on next move Realignement of company,done.Annual meeting, Apr.24,done.    I would expect good news.....                        Prognosis, relax patience will pay off shortly, very well I would think over the next 3 weeks..
Comment by xo42 on Apr 07, 2014 6:41am
You forgot to mention significant selling by management.
Comment by cd673 on Apr 07, 2014 1:00pm
Please share detail. Who? When? # shares? Price?
Comment by rodneyc on Apr 07, 2014 1:56pm
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Price Apr 5/14 Apr 4/14 Thompson, Miles Frederick Direct Ownership Common Shares 10 - Disposition in the public market -151,500 $6.50 Apr 4/14 Apr 4/14 Winn, Michael D. Indirect Ownership Common Shares 10 - Disposition in the public market -50,000 Apr 1/14 Mar 28/14 Jing Bao ...more  
Comment by rodneyc on Apr 07, 2014 2:05pm
Sorry - it's sometimes difficult to past into Stockhouse. You can see insiders here: https://canadianinsider.com/node/7?ticker=RMC
Comment by thorgb1 on Apr 07, 2014 2:23pm
Looks like a select few sold to take a little profit for their own purposes. Hard to blame them, as some of them have been working in Serbia on this project for over 7 years. I wouldn't neccessarily call this massive insider selling, and for the most part insiders have not sold anything at all. I don't take it as a sign of anything other then that Miles and David Miles needed some cash for ...more