RMS 1.89% $2.16 ramelius resources limited

>16% rms owner: is sprott trying to t/o?

  1. 75 Posts.

    Re: Sprott's newest RMS purchase:

    How much is too much? Isn't 16+% getting a little bit troublesome? Reminds me of the RMS take-over attempt of Dioro, although RMS did it in a completely open fashion. Are Sprott the ones depressing the sp every day after take-off, for yet more buying of cheaper shares?

    On another note: I finally bought a good number of RMS, after ample deliberation, at US $ 0.82. Is that a good entry point? Or is it already too expensive? Your thoughts please.

    Reiner, you were right: no need to expect RMS to be all things to all people. Found another company in Africa to add to RMS, hope soon enough - a Canadian outfit this time; didn't buy yet, just checking things out. Thanks for the advice.

 
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