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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 yixteron Aug 03, 2012 9:14am
255 Views
Post# 20180541

RE: RE: Congrats

RE: RE: Congrats

As of may.31 they had almost 8 million they have another 15 million in warrants that could be exercised right now their burn rate is low what they may do is do a 10 million pp at over $2.00 and let the warrants expire keeping the float extremely low for all they have going on this thing was technically overheated at 1.29 it's really overheated now which tells me very good news if Freeport is finding a large blind copper gold deposit these guys will be worth 5-10 bucks on that alone its gonna be a ride!

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