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Bullboard - Stock Discussion Forum RESERVOIR MINERALS INC V.RMC

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

Bullboard (TSXV:RMC)

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Comment by Meester954on Jun 15, 2016 1:49pm

RE:RE:RE:RE:RE:RE:RE:RE:News out from XGC....

No major in their right mind is going to do a stock deal with their share prices where they are now - the equity is far too expensive and you should know that with only a moderate level of ...more  
74
Discussion
Comment by digipicon Jun 15, 2016 1:49pm

RE:RE:RE:News out from XGC....

I got in into RMC only a few months ago, so I'm not attached to it and my position is not great in comparison to the numbers that some have indicated. Once an individual starts making decisions ...more  
94
Discussion
Comment by vaeirrr1on Jun 15, 2016 1:41pm

RE:RE:The "there's better deal" group -- must be day traders

I think all the "subtle" insults from both the Yes and No groups are not needed and people who use them show they've no real good argument than appealing to emotions. (the Chinamen vs ...more  
87
Discussion
Comment by rob926on Jun 15, 2016 1:29pm

RE:RE:News out from XGC....

Your posts start May 11th so you are irrelevant to me. Obviously only started posting to support the Nevsun deal. No posts prior to this deal.
66
Discussion
Comment by rob926on Jun 15, 2016 1:24pm

RE:The "there's better deal" group -- must be day traders

The character here. I have owned stock since before there was a Reservoir Minerals. My original shares cames from the spin out of Reservoir Capital and then bought into the offering as well as a bunch ...more  
88
Discussion
Comment by vaeirrr1on Jun 15, 2016 1:19pm

RE:RE:RE:RE:RE:RE:RE:News out from XGC....

a few observations: - the stock is trading at a takeout premium estimate to be around 25-30%, so concievably rmc would drop to about $7 if the deal doesn't go through.  This would make ...more  
77
Discussion
Comment by Demon11on Jun 15, 2016 1:10pm

RE:RE:News out from XGC....

Yur right - it is a no brainer --unfortunately ..... there are lots of  ..... 
81
Discussion
Comment by digipicon Jun 15, 2016 12:55pm

RE:News out from XGC....

So my call was spot on! "The chinaman" wants RMC on the cheap! They already have approximately 15%, their non binding offer to purchase another 10 million shares would give them ...more  
97
Discussion
Post by Demon11on Jun 15, 2016 12:44pm

The "there's better deal" group -- must be day traders

One of the characters on this BB - talked to some "analysts" and then voted his 250,000 is "NO" - Good for him  -he is out of touch with mining reality. I was the investment ...more  
128
Discussion
Comment by Meester954on Jun 15, 2016 12:13pm

RE:RE:RE:RE:RE:RE:News out from XGC....

Many companies are unable to move at the pace that was required once the ROFR was triggered by the LUN deal.  Any discussions that were done prior to that time were done under a different dynamic ...more  
97
Discussion
Comment by vaeirrr1on Jun 15, 2016 11:51am

RE:RE:RE:RE:RE:News out from XGC....

Hi Meester954, I don't own any NSU... and of course a 50:50 split would have been even better for us. As to a better deal, i think 25 groups were involved in the bidding of RMC, and given the ...more  
89
Discussion
Comment by Meester954on Jun 15, 2016 11:36am

RE:RE:RE:RE:News out from XGC....

If they buy shares in a piecemal fashio to get to 66.67%, my guess is we would all be quite happy due to the corresponding rise in the share price.  If they are in that position, they cannot ...more  
79
Discussion
Comment by vaeirrr1on Jun 15, 2016 11:02am

RE:RE:RE:News out from XGC....

Would you mind if the chinese own more than 66.66% of the shares as well, start a proxy to vote for a deal with them, put a secured loan on Timok, call on the loan, and take all the properties away if ...more  
89
Discussion
Comment by vaeirrr1on Jun 15, 2016 10:58am

RE:RE:Get real - this is a the best deal that has been offered

Hi Rob, Have you considered why when we owned only 25% of the upper zone we were worth relatively more at a 'market' bottom' than when we now own 100% of the upper zone?  Not sure ...more  
98
Discussion
Comment by rob926on Jun 15, 2016 10:48am

RE:RE:News out from XGC....

Just  because the Chinese own more shares does not mean we have to do any deal with them.  If we do deal with them who cares about who does the smelting if it is at or better than what Bor ...more  
86
Discussion
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