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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 > Encouraging Action
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Post by Meester954 on Mar 16, 2015 11:35am

Encouraging Action

What I find encouraging since the press release last week is the fact that there are not many sellers.  Volume is quite low and bids seem to be relativelty firm.  If any of our significant shareholders (thinking about the Chinese in particular) had increased their positions over the last few months when the price was weak, would they be required to automatically disclose that fact or would they need to have exceeded certain threshholds beyond what they already own? I an US-based and do not know the Canadian disclosure rules so any guidance or thoughts would be appreciated.
Comment by roberte on Mar 16, 2015 8:53pm
10% is the number up here vs 5% down in your parts. Then then have 5 business days to file for every buy or sell. I just scratch my head when I see people sell at these levels. The HS zone is worth $7-10 discounted and the porphyry is looking like 1.5billion tonnes. Some day the mkt has to wake up.
Comment by cd673 on Mar 17, 2015 10:03am
agree silly time to sell. Md&a is on sedar. Pending results on at least two properties will be interesting. Cukaru obviously, and leskovo maybe as well - they went deeper there too. Then 2015 drilling should get hot and heavy. Tons of upside and multiple catalysts. Not many shares for sale either. JV agreement still not posted but will be a good read. Hopefully results flow more rapidly now ...more  
Comment by Russie21 on Mar 17, 2015 2:30pm
From the MD&A:
Comment by Russie21 on Mar 17, 2015 2:32pm
second try: [img]https://pbs.twimg.com/media/CAUdP0RWAAAs21Y.png:large[/img]
Comment by cd673 on Mar 17, 2015 7:54pm
what are you trying to post? I cannot get the link to work
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