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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 thorgb1on Nov 28, 2012 9:38am
222 Views
Post# 20653530

RE: RE: RE: RE: Adrian Day (San Francisco)

RE: RE: RE: RE: Adrian Day (San Francisco)

I guess you have to sell then, your choice.

Again, I don't know what you want them to tell you over the phone, they are limited in what they can share before it is released to the market. In terms of timing of results, Freeport is running that show, and they owe RMC shareholders nothing. In fact, it is in their best interests to delay and suppress the RMC price as they will looking to acquire the whole property at some point over the next 12 months. Thats the kind of shenanigans you have to deal with in a JV with a major on a world class discovery.

I also got a kick out of the guy who said he had "zero respect for RMC management". They made the inital discovery, made the JV with Freeport that got us a free ride to feasibility worth hundreds of millions, took the stock from .65 - 3.8, and someone has the balls to say they have no respect for them because they won't give out inside information over the phone to him. Too funny. 

TGB

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