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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Comment by Meester954on Dec 09, 2012 10:07am
185 Views
Post# 20704729

RE: RE: RE: looks

RE: RE: RE: looks

As we consider the lack of news on the RMC front, keep in mind all of the facts.  First, Freeport controls the drilling on the project and the news flow.  Second, as most people know based on its announcements last week, Freeport and its senior executives and corporate development department have been a wee-bit busy as of late with deals that dwarf RMC.  Bottom line is that I don't know whether there is good or bad news coming from RMC and I doubt that anyone else on this board does either.  There is, however, perfectly good and legitimate reasons why the news flow has been slow and it has nothing to do with RMC management.

Have some patience.  Personally, I would love a deal with Freeport that involved getting some of its equity.  I haven't looked, but does Freeport trade at all in any Canadian market?

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