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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 Nov 16, 2013 4:03pm
243 Views
Post# 21912983

RE:RE:RE:RE:RE:Freeport pulls equipment out

RE:RE:RE:RE:RE:Freeport pulls equipment out
Don't forget that this deposit is only a few miles away from an existing mining operation with smelter, power, skilled work force and other infrastructure and they are increasing the capacity of that operation. It will not take 10 years to get this thing into production. It could be as little as 3-5 years if Freeport wants to get aggressive. For all we know a decision has already been made on the mine based on 2013 drill results and they are just waiting to get remaining assays. Although my guess is they already have most of the assays back as well. How would we know because we haven't seen any drill results for the past 10 - 12 months but Freeport has them. We have been getting drill results that are a year old. I really do think things will progress much faster than most of us here think once the new year comes and results start to come out fast and furious and if a buy out comes it could possibly be north of $10 a share. Just my 2 cents worth. Simon said world class so many times in that interview I lost track and the guy was smiling ear to ear so he is obviously very happy about something. I am willing to wait!!!
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