Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 21, 2013 2:01pm
118 Views
Post# 21928183

RE:Tax Loss Selling

RE:Tax Loss SellingAs an initial consideration, while FCX has reduced its exploration budget for 2014, it has increased it for "Other Areas" and the only "other" exploration area is Serbia. FCX's published number and the number referenced by the Serbian PM after his meeting with FCX officials are nearly identical. Second, this project has been significantly derisked. Why do you think it has held up so well while 90% of the junior resource sector has been trashed. In my view, the $8-12 takeover price in the next 12-24 months is a probability; while the potential upside of those 90% trashed juniors is a remote possibility. I'll stick with a probability of a 75-100% gain from here with RMC rather than take a wing and a prayer on the trashed juniors. As to what Simon said, you have it wrong. Go back and listen to what he said--your dates are way off.
<< Previous
Bullboard Posts
Next >>