RE:RE:Commodity-TV: Interview with Simon Ingram, CEO #RMC Very interesting interview. My take away and possibly why the stock has weekend is this discovery is still early in the process. The timeline given confirmed that Freeport has 5 more years to finish the BFS under Serbian law. Simon talked about a scoping study to probably be done at the end of next year using the results so far as to where this project might go. No comments about selling the project but did comment that at the end of the process which he eluded to in his timeline of five years (for the BFS) that after the BFS they would file for mining permits and after that process and getting the permits they would have a couple more years to start the project. Simon said they would be able to fund their 25% ownership of the new mine after the BFS was delivered. He also stated that none of the 2013 holes have been announced and that hopefully they will be by early next year so probably not a lot before the end of the year. Maybe by the end of the year we will get 1220 and 1221 to finish out the 2012 drilling program. Any one know where holes 2022, 2024, 2025 & 2026 are? They are not shown on the map or talked about. Good news there is still huge upside for this stock but the bad news is it could very well be a multiyear rollercoaster ride as this story slowly unfolds. If Reservoir management is smart and I believe they are they will not sell out until they can get the value that this project deserves and by their own timeline Simon just talked about this is going to be up to 5 years for the BFS which is what is needed to really know what you have to sell. The street will speculate value along the way just like it is doing now. I think us non institutional investors are seeing this as a fast pace project but since this is hopefully the largest discovery in many a years it is probably going to take a long time to value and probably even longer to realize it’s full value and in the end 10 plus years from now Reservoir might be in the mining business with Freeport. If you believe in the long term value of copper and gold this might turn out to be a very valuable multi decade play.