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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 psj567on Dec 19, 2012 11:26pm
205 Views
Post# 20753877

RE: RE: RE: RE: The Market is Offering us all a ve

RE: RE: RE: RE: The Market is Offering us all a ve

I read your prior post. Good luck to you. There is no "pumping." The market as experienced investors know, can remain irrational for a long time. Buying up shares this week that the lemmings and weak hands are selling will ultimately prove very profitable. The current valuation that the market is attributing to RMC, simply stated, is offering patient, long-term investors a rare opportunity for wealth creation. You don't evaluate the prospects of any company by its current share price-- if you do it is a sure way to lose your money. I stand by my prior post--- Mr. Market is currently attributing a negative value to all of the drill results that have occurred since the first hole ( RMC was trading at around $2 before the 10% Cu hole NR and the warrant exercise that resulted in additional funds). Think about that for a moment---- the company has several million more dollars in its treasury, several incredible drill holes of hundreds of meters of high grade Cu eq., and Freeport has since exercised its option effectively free-carrying RMC to BFS. Now I ask you, is that rational?  Of course not. 

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