very bullish shareholders self fund rch

A very interesting issue that comes out of yesterday's PR is that RCH's shareholders are so bullish that they are prepared to self fund the company thru the next round of exploration. To raise $2-3 million from oppies exercise means that 200-300 million of the outstanding 475 million oppies get exercised. That is up to 63% of the oppies.

IF these controlling shareholders have possession of 63% of the oppies i would guess that the great majority of the shares are also in a "lock box". The RCH shareprice broke out above 1 cent in late October of last year and On Balance Volume has advanced to +300 million shares since that time. That is 50% of issued shares going into the plus column and does not count insider holdings held prior to the run. So how many of the issued shares are held by parties supporting this project? IMHO a very substantial majority, based on my assessment (which is very unusual when compared with most other penny stocks). This may explain why the stock never sells off on any volume. There is really no volume to sell off??? good luck to all longs.