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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 Oct 26, 2013 6:16pm
193 Views
Post# 21851838

RE:RE:Nice week for us....

RE:RE:Nice week for us....You are correct about logging the hole as they drill. That is standard procedure and a good geologist can visually estimate the percentage of copper very close. Not so with gold, lol. Both Freeport and Reservoir know this is world class and Freeport does need something huge to replace Grasberg and this deposit is the one IMHO. The big question is how bad do they want it and how all of this will play out. If a buyout does happen when and at what price is anybodys guess. The stock has been steadily heading higher so the news should be good for RMC shareholders. I am willing to wait.
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