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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

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Post by psj567 on Oct 09, 2014 12:28pm

Knotshure

A dissent serves very important purposes, provided it is grounded in facts and supported by sound, rational analysis. Your posts, virtually all of which are dissents, utterly fail in this regard. They do however provide daily amusement. Thank you.
Comment by Meester954 on Oct 09, 2014 1:09pm
A couple of thoughts.  First, regarding the option and restricted share issuance, I am happy to see them do this, even though it is a bit dilutive.  RMC management does not make large salaries and a nice size equity grant aligns their interests very much with the shareholders.  In my view it is a positive and, reading between the lines, it makes me think some type of transaction ...more  
Comment by thorgb1 on Oct 09, 2014 2:20pm
Don't waste your time on KnotSmart. He's a muppet, just what the ignore button was made for. He has no valid arguments, just fear mongering with no basis in any fact. 
Comment by knotshure on Oct 09, 2014 4:36pm
Yes you are all mining and  money market experts , and I am the fool .  Rick Rule put a $2.00 valuation on RMC's interest in the Timok find on Feb4/14 .   Google  Rick Rule's call on Feb. 4 about RMC being way ahead of itself when it was $6.50.   What has changed since then, well its not 6.50 anymore  .... I bet his valuations are even lower now considering ...more  
Comment by Meester954 on Oct 09, 2014 8:06pm
Could Rick Rule's call have anything to do with the fact that his firm was not included in the private placement that was announced on Feb 20?  Just sayin' maybe some sour grapes? Incidentally, do you own any RMC?  If not, why the interest?
Comment by cd673 on Oct 09, 2014 11:24pm
This sort of grant is fairly normal, but does seem a bit shameless after a $3.40 drop in price. But I assume our new investors would have had restrictions in place on such dilution so it may be within normal parameters. Still stings for those of us buying at 6, 5 and 4.50 and paying hard cash. But overall on a 3 year basis the stock has done well and they have built value. I would have liked to ...more  
Comment by knotshure on Oct 10, 2014 7:13am
Yes it's a good long term company . It has zero revenue , a rapidly declining share price . You question Rick Rule at your leisure , keep buying RMC at your liesure , you will go far . Did you just lament buying it at 6, 5 , and 4 and also question the shameless ness of RMC exec policy and then discredit me ? Good luck to you Sir ... Ypu should wait till it goes to 3 before you load up ok ...more  
Comment by cd673 on Oct 10, 2014 7:54am
Go ahead and make a big short position and let's see. Then you may command some respect. You've been right in a few cases so far but I'm guessing not making any money because you don't have any nuts. p.s. I am still up on RMC but if I take a loss I will accept that too. You seem to simply be a mean person for some reason looking for a wound to rub salt in. I feel bad for you. Maybe ...more  
Comment by knotshure on Oct 14, 2014 4:25pm
CD ... You have a nice day ??
Comment by psj567 on Oct 14, 2014 4:46pm
Knotsure, every dog has his day. Enjoy your time in the sun. To your credit, you have called this drop in the share price correctly. However RMC now is so undervalued that when Freeport announces at year end it has signed a new operating agreement with RMC and tax selling is over, RMC will quickly regain favor. In the meantime, to the victor goes the spoils.
Comment by cd673 on Oct 14, 2014 10:20pm
Great thanks for asking. Added more because 'imsure' the future for rmc is bright.
Comment by rob926 on Oct 09, 2014 2:59pm
Knotshure is not even a good basher because he is clueless. The stock options are always a good way to motivate employees. I think they decided to issue now because they think this is at or close to the bottom. It also implies that there is not any good news known at this time or they would not have done it. Probably wanted to get them out before the operating agreement was completed or made ...more