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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 > News Stock Options @ Units
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Post by santee on Oct 09, 2014 7:43am

News Stock Options @ Units

Now the people in the know, will cease selling as their positions are secure. The price is fair,and seems to have set the low. I believe things are about to jell.....
Comment by knotshure on Oct 09, 2014 10:05am
Looks like RMC guys just watered down the Market cap to me .You all watch the analysts drop their targets in the next few weeks. One day this will be a mine or a project but not for years ,,, maybe never .
Comment by GeneFrenkle on Oct 09, 2014 11:28am
They just increased the float by 664k out of nearly 50 million shares... that's like 1.5% staggered over three years, with the biggest slag being at 36 months from now. What a watering down... At this point I'm convinced you are just a negative person. This to me shows they plan on not being bought out or having their talent leave: directors and a few others are getting the right to ...more  
Comment by rob926 on Oct 09, 2014 12:05pm
Just because most are 3 years out does not necessarily mean they are in it for the long haul. If a deal is done then options usually exercise immediately. If they do not do a deal then it will take 3 years plus to realize the full value anyway so it is good for them either way. 
Comment by knotshure on Oct 09, 2014 12:12pm
No, the option agreement is for 1.6 million extra options . Either way its a dilution and it only serves the insiders . You said you have no access to that deal ,  open a trading account Im sure you can buy all the stock you want .