From January 31/2014TGR: Reservoir Minerals Inc. (RMC:TSX.V) was up 21% last year. What's its story? AD: Reservoir has a JV with Freeport-McMoRan Copper & Gold Inc. (FCX:NYSE) on the Timok copper-gold project in Serbia. This proves again the worth of the JV model. Reservoir had to give up 75% of Timok, but with Freeport paying for the exploration, Reservoir can maintain its balance sheet. Reservoir has about $18M in cash right now, which is a lot, considering what its expenditures are. It has had continually spectacular results from Timok. I think that Freeport is going to buy Reservoir or, at least, buy Timok. This could mean a very significant premium over the current stock price. Most shareholders are waiting for the endgame, so there aren't a lot of shares available. So it's important to look for any setback to buy, and to use a limit. https://www.theaureport.com/pub/na/adrian-day-ditch-the-risk-and-embrace-the-upside