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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 Nov 12, 2013 1:44pm
160 Views
Post# 21898295

RE:Scotiabank's coverage

RE:Scotiabank's coverageScotiabank's analysis and model is ultraconservative. It's vauation model uses only 22 million tons of the 50 million ton high grade zone and does not include the porphyry nor any of the other 100% owned permits. It states that additional assays to be released in early 2014 respecting these excluded areas may increase the valuation. It also states in so many words that it expects Freeport to take out Reservoir. There are many, many insights in this report and I would highly encourage all RMC shareholders to try to obtain a copy. 
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