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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 thorgb1on Jan 30, 2014 9:24pm
151 Views
Post# 22156232

RE:RE:Call

RE:RE:CallLike CD said, it was a good PR exercise. If you have been following along, there was not a lot new in the conference call. A couple of pieces that came together for me:

1. Mine financing through offtakes. Logically, this is where Jing Bao fits in. If we could put financing in place without any dilution, it would be a huge win for us shareholders.

2. Simon was very complimentary towards Freeport, and it sounds like they have a positive working arrangement. 

3. The mention of the interesting visual assessment of the core from a couple of KM's away is what was inferred to in the GMP update as a likely NEW discovery. This would be huge for us.

4. I used to think that a buyout by Freeport was the most likely outcome for us, but now I'm thinking a buyout will come from the Chinese.

i do still find it interesting that Scotia us hosting a technical discussion on Monday evening at which Duncan Large will be the speaker. I will be attending, and will let you know of anything new. Maybe we get assays before that session?

TGB
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