Post by
bendystock on Feb 22, 2015 11:06am
Company Communication - potential buyout?
I am inquiring to see if anyone has spoken with any employees of RMC within the last month. Typically we get some posts on here saying so and so talked to so and so with the company and believe that good news or some other kind of update is forthcoming. Hasn't been the case lately which makes me question whether things are intentionally quiet in preparation for pdac or potential big news like a buyout or massive hit on the 100% owned land. Or on the other hand that things are at a standstill and there is just nothing to talk about.
Sitting and hoping.
Comment by
thorgb1 on Feb 22, 2015 6:58pm
Will be seeing them this week.They are all in Toronto for PDAC.
Comment by
rob926 on Feb 23, 2015 10:37pm
They like to post news before the market opens on Tuesdays. Maybe tomorrow or next Tuesday we will get something. If not something is up because there should be news by now.
Comment by
cd673 on Feb 24, 2015 9:32am
the last few times they announced news after the market closed. And not to be pessimistic but judging by the softness in the shares there's probably not any spectacular news just round the corner. Hopefully time is our friend as the market is bearish in this space right now and not looking better short term.
Comment by
rob926 on Feb 24, 2015 1:58pm
I guess not today. We are now back below our 50 day moving average. So much for our breakout! Hope something breaks loose at PDAC!
Comment by
unluckey on Feb 26, 2015 11:40am
Moving averages are generally used as an off-beat indicator in major market trends. In the case of venture stocks, this is a doubtful rule to follow. Too many variables as in RMC . The proof of things to come are there. I would say patience will soon be rewarded....
Comment by
rob926 on Mar 11, 2015 2:12pm
A lot of investors watch moving averages. Since we broke back through the 50 day moving average it has been pretty much down days. We are now close to a 52 week low. Pretty sad for such a great project. Freeport continues to hurt our stock by not saying anything and we have yet to release any good news outside of the current JV properties.