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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 megacopperon Jul 11, 2013 9:57pm
109 Views
Post# 21603243

RE:News

RE:NewsYes now would be a good time to release results similar to the last few holes but what happens if the results are say 300 meters of 1% Cu and 1 g/t Au and not the extreme high grade of the last couple holes that the market has become use to with RMC. Its still a great hole but how will the market react, probably not so good. The last hole was fantastic, putting it mildly, and RMC sold off from around $3.25 back down to $2.60. The market is so poor for the mining stocks right now that I don't know what to think. Perhaps they shouldn't release anything until September and just watch the stock slowly drift higher. But the end game looks very positive for RMC and I suspect it will be taken out for at least double the current share price if Freeport can get sufficient tonnage to give the project the green light. Hopefully investors can use some common sense and not dump their stock if the results aren't mind blowing like the past few holes. Good luck guys!!!
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