Reservoir Capital Corp C.REO

Alternate Symbol(s): RSERF

Utilities Utilities - Independent Power Producers

Reservoir Capital Corp. is a Canada-based clean power investment vehicle concentrating on operational power projects located in emerging markets. The Company has two minority equity investments in its portfolio, both held through its wholly owned Mauritius SPV, Kainji Power Holding Ltd, giving the Company approximately 46 megawatts (MW) of net operating capacity in four hydropower assets. Its first investment is a minority interest in Mainstream Energy Solutions Ltd (MESL), the concessionaire of two Nigerian hydro power plants located at Kainji and Jebba on the Niger River with a combined operating capacity of 922 MW. Its second investment is a majority interest in Olocorp Nigeria Ltd, which itself holds a minority interest in North South Power Company Ltd (NSP), the concessionaire of two Nigerian hydro power plants located at Shiroro and Gurara, both on the Kaduna River with a combined operating capacity of 630 MW.

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Reservoir Capital Corp

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Post by porkchopInactiveon Oct 18, 1997 5:24pm

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Post# 644840

I'M INTO REA GOLD

I got into Rea Gold last year before their 3 new mines were coming on stream. One in Urugray and the other in Manitoba. Both are onstream but won't affect earnings until next year. They got hammered on due to a write down of like $32 million dollars on thier Nevada mine. Also they have a bit to many shares outstanding due to issueing so many to raise funds. I believe it a great undervalued gold stock. They have cash, three gold mines but the gold price is battering the hell out of the stock. If 1998 proves to be a good year for Rea (it should cause all three mines will be producing for entire year) an improved gold price we should see prices levels of $4 or greater no problem. Any comments!! porkchop

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