Ann: Form 604 -Notice of change of interest of substantial holder, page-12

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Birchcorp

2,283 Posts.

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08/07/19

15:32

Post #: 39423256
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Originally posted by Misfits: ↑

Cheers for the reply Birch! I have a lot of research to conduct over the next couple of weeks ( my settlement after a few years with this company finally occurs in 10 days time, so funds available maybe 13 days time) as seriously looking at RES and 2 others. Different sectors but all appear to have tremendous upside.

I understand what you mean by buying/purchasing. But it also depends on the individuals circumstances, risk Vs reward , time frames and ROI, goals. I don't understand what you mean by saying you KNOW there are no shares to buy??? People may be holding longer as most shares bought above 20c on the register, but you insinuate that you may know a little more??

Just not entirely convinced that RES will get to what most think they will in the very near future. But hey, I have been wrong many times before. Cheers mate!

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Hi Misfits,

Many factors contribute to my comment;

”there are no shares to buy”...I wasn’t insinuating, I was stating a reasonable conclusion.

1. The majority of ‘major’ shareholders purchased at 22c. Many have strategic ties. They will not sell.

2. Many shareholders purchased above 50c. They will not sell.

3. There are many smaller parcels of shares on the registry- Comdek days. They are at the bottom of the drawer, and probably never to be seen.

4. I know of about another 10% of shareholders in recent times- that have confirmed long term goals for RES. They will not sell.

I understand things change and so do plans. But, I don’t foresee many throwing the towel in on this opportunity.

RES Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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