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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 guiltedge1on Nov 27, 2012 1:03pm
392 Views
Post# 20650036

Adrian Day (San Francisco)

Adrian Day (San Francisco)

Adrian Day at San Francisco Hard Assets conference recently made a case for investing in Freeport:..(great balance sheet, high margins and cash flow, plus long term demand for commodities, World class copper discoveries are rare  - even though exploration expenditures have risen, - and copper mines have a long lead time between discovery and start –up.) In his talk he failed to mention Reservoir but his freely distributed portfolio review October handout reported  he had “doubled our holdings in Reservoir Minerals early in the quarter…” and “our clients own over 5% in the company” ..so clearly he is a very significant believer and shareholder. (Seems he is  originally a Brit as is it seems are both Reservoirs top duo- Ingram and Thompson)

Good luck getting anything substantial from Ingram’s webcast tomorrow. It is tough to get access to Reservoirs Management – invariably they are out of office in Serbia (Belgrade is reputed to have a first class rated nightlife). Moreover Reservoir avoids the free access  US Hard Assets Conferences and free access  Canadian Cambridge Conference.  Like going to Costco  - you usually need to pay an entrance fee to get access to Reservoir! Maybe someone will be at London Mines December meeting where Reservoir will answer questions.?

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