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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 psj567on Apr 16, 2016 4:19pm
187 Views
Post# 24775246

RE:RE:RE:RE:Question? And be nice on your answers!

RE:RE:RE:RE:Question? And be nice on your answers!Agreed. One cannot measure RMC's value or worth by extrapolation of LUN's bid. Lundin's bid is outright theft of the project from Freeport. Short of an outright acquisition by a major such as RIO of RMC beforehand, RMC likely will exercise its ROFO funded exclusively by debt. Having consolidated ownership of Cukaru Peki with no dilution, RMC will be valued significantly higher than its current share price.
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