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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 > RMC stock price getting crushed on low volume
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Post by creaturecomphort on Sep 29, 2014 1:31pm

RMC stock price getting crushed on low volume

It is painfull watching the daily drop in price in big steps.  Each day there is a single small order at c$0.40 - cc$0.50 below the closing price the day before Then as the day goes on the stock makes up a portion of the big drop.  It is not normal behavior to sell stock at a price well below the trading range of the day. 

While I'm disapointed, I'm not worried over the long haul.  RMC will make money with gold in this price range.  And Odds are the price of gold will be going back up.
Comment by creaturecomphort on Sep 29, 2014 3:30pm
No sane person sells RMC stock that is already down significantly at an even lower price.  All on low volume.  This is like slow motion capitulation.