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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 7heSpeculatoron Jun 04, 2013 8:11am
116 Views
Post# 21480377

RE: RE: RE: Read this Gem

RE: RE: RE: Read this Gem

Redmeral,

30,000 tons/year smelter producing 390million pounds of copper a year???

 

not sure if your math is right there, either way, i seriously doubt if FP would start building a smelter at this stage! more likely in an interview some junior mentioned a couple of numbers and the reporter went back to their desk, did a few calculations and came up with a completly spurious set of numbers!!  Freeport would not be interested in anything that produced less than 100Kt a year for at least 15 years and preferably 20-25 is my guess.

 

TS

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