RESERVOIR MINERALS INC V.RMC

FCX Insider Purchase

[angelnotes]

News today on insider buying.

Link is https://finance.yahoo.com/news/freeport-mcmoran-glu-mobile-others-130520816.html
Freeport-McMoRan

As copper prices retreated from year-to-date highs in May, and with the share price pulling back as well, the vice chairman of the board purchased 60,000 Freeport-McMoRan Inc (NYSE: FCX) at $20.52 apiece. Last week's transaction cost him around $1.23 million.

This Phoenix, Arizona-based natural resource company has a market cap of more than $20 billion and a dividend yield near 1.0 percent. Here too the return on equity is in the red, but the long-term earnings per share (EPS) growth forecast is about 12 percent. Shares ended Friday's trading session at $19.65.

[guiltedge1]

signiificance is problematic - given the enormous salaries these Freeport guys give themselves. 

[unluckey]

The set to price change is in insider price action at the bottoming of a stock, such is FCX. The problems recently, and there are many in domicile of investment a la Indo...When major changes are happening those in the know ,insiders etc , revaluate their positions for further timing to stock action..The amount place is no chump change for an individual. Just lately the deal with Quaterra shows a

[rob926]

Curious why do you think it will be shortly? Nothing Freeport has done at  this point has been in the best interests of reservoir minerals. They are doing what they have to do to comply with Serbian law and our agreement but they continue to suppress News as best they can. They continue to play hardball like a bully. I'm sure they want to own the rest of the discovery and will do