RSN
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0.00% 10.0¢ renison consolidated mines nl

They just received around $900,000 from a convertible not....

  1. followme
    9,188 Posts.
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    07/10/09
    22:47
    Post #: 5746767
    They just received around $900,000 from a convertible not. Personally, like i've seen time and time again, i susect the group who took the convertible note is going to orchestrate a pump.

    They just effectively BOUGHT 135,771,418 SHARES at $0.00647 (ie, effectively these levels)


    The only chance for them to get out that volume would be if the SP ran to at least 2cents.


    Imagine if someone all of a sudden put up a 135mn buy order at $0.007? Thats effectively what these guys have done




    Regards,
    followme
    RSN Price at posting: $2.10 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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