RESERVOIR MINERALS INC V.RMC

100% owned leases

[rob926]

What I was hoping for was good news from the holes they have been drilling on the 2 100% owned leases followed by a great JV deal. Or from one of the new holes a couple of kilometers south. I wonder how long they are going to sit on thse results. I have looked at the last couple of freeports presentations and I can not find any mention of the Serbia play. It is not shown on their world wide assets slide which I beleive it did in older presentations.

[redmetal]

With 15,16,and 18 out of the picture, the footprint around the 3 best holes has shrunk. Freeport is now focusing farther away to find a new larger system.

[thorgb1]

I challenge that 18 is not commercial, and your suggestion that Freeport is focusing farther away to find a new larger system is pure speculation. If they were worried about expanding the resource farther away, they would move most of the rigs over there. I believe they are simply greenfield prospecting on the RMC property looking for another deposit, based on some of what they have learned

[7heSpeculator]

TGB, I do not know of any UG porphyry that is +1,200m deep grading less than 1% which is economic. Resolution (RIO/BHPB) has been on hold for years and that is substantially higher grade. It will require a sustaind high copper price and is a +10-15yr development timeline.  Freeport are just looking to bag some lbs to put on the balance sheet for their next generation of copper mines. if i