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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 rodneycon Jan 28, 2014 9:29am
139 Views
Post# 22141426

RE:RE:RE:RE:RE:RE:Massive numbers.....

RE:RE:RE:RE:RE:RE:Massive numbers.....If the market was logical it should put more weight in the SRK estimate rather than the banks. I say this because mining is SRK’s business. The SRK estimate is double that of Scotia. So in theory, we should see an increase in our stock price. However, we all know the market is not logical.

In my opinion, the recent news release by Jing Bao and the fact that Reservoir has release this recent Resource Estimate is more interesting. What is the intent? Reservoir’s management seems to be putting all their cards on the table.  Does this indicate a buyout in the near term? What other reason would there be for Reservoir to be aggressively seeking and paying for resource estimates from multiple independent parties.

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