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Groups   Mining Industry

Mining Industry

Group Portfolio

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Mining Industry >  > RBG.V View modes: 

  • RBG.V

    - |
    User avatar
    (49)
    March 24, 2011 11:07 am

    Check it out guys, Pinetree buying big in it, volume picking up, something is brewing.  Worth to keep on watch list!

  • RE: RBG.V

    - |
    User avatar
    (49)
    March 24, 2011 11:15 am

    "PinetreeCapital Ltd. (TSX:PNP), announces that in a privatetransaction which closed March 16, 2011, it acquiredownership of 3,250,000 warrants of REBgold Corporation("REBgold") (the "April 2 Warrants" exercisable at a price of.10 and expiring April 2, 2011) and 3,750,000 warrants of REBgold(the "April 14 Warrants" exercisable at a price of .10 andexpiring April 14, 2011)."

    Basically, Pinetree Capital feels that v.RBG stock is worth at least adime (and in the short term.) According to SEDI, Pinetree Capital wasbuying shares of v.RBG on the open market at 10 cents February 22, 2011.

    There is currently one seller at 7 cents and the asks are very thin allthe way up. v.RBG (REBgold Corp.) has traded 324,000 shares so fartoday. If Pinetree Capital loves this stock much higher than it tradesnow than it is an obvious buy, plain and simple. There is just no way itstays under a dime. No chance!

    EASY MONEY HERE!

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