Replies to post #6605 on Rimrock Gold Corp (RMRK)

[Mr. Zen]

Your theory is not quite right, there can be no dilution of an OTC company without notification via an SEC filing. Any shares that are sold to investors through a private placement are under restriction from being sold for 6 months due to rule 144 provisions.

Your theory of the chart is correct but low float penny stocks cannot be driven through the rear view mirror.

This is a mineral exploration play and as such there will be periods of quiet times, exciting hyperbolic plays are often found on pink sheet stocks of questionalbe ethics, this one is neither.

[Gan]

There was not much volume last week or two to believe any kind of dilution from the company. Not sure where you are reading that on the chart.

[Mystification]

A chartist would see that it found some nice resistance, today it could go both ways, it dropped down in PPS because there was no volume and weak hands get out, no diluting
A lot of people still hold expensive shares, this has been reduced this week will new investors came in (those not here for the P&D).
Not sure if we get any nice PR, might happen just before closing today or later this week but we can not count on it. They are doing there thing and results will make this fly :)

Buy all you can below .1, keep the low float in mind by not messing up the price and we will do perfectly fine :)