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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

Post by megacopperon Jul 23, 2013 8:50pm
263 Views
Post# 21626086

Disappointing news!!!

Disappointing news!!!Well, I was afraid of this after all the fantastic high grade intersections because now they are into the low grade stuff. Less than 1% copper equivalent down that deep doesn't cut it. Yes it is big but it is also very deep. This deposit could end up being borderline economic. All the cheerleaders aren't cheering so loud now. I wonder how low it will go this time around. It sold off last time down to around $2.50 on 300 meters of high grade. They have found the outer limits now to the southeast and they are into the low grade elsewhere. Lets hope they can find another deposit of high grade or things might start to get ugly for us. I knew it was too good to be true. Big sell off tomorrow!!!
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