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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 psj567on Mar 23, 2014 5:51pm
206 Views
Post# 22357813

RE:RE:RE:RE:RMC's Two New Shareholders

RE:RE:RE:RE:RMC's Two New ShareholdersYou miss the obvious-- which is-- unless and until there is a discovery, the present value lies in the risk to Freeport of RMC making such a discovery. If Freeport is willing to pay up, such as a fair dollar price for Cukaru Peki including the porphyry and a reasonable royalty on any new discoveries on all properties, then RMC management has done its job for all shareholders. Obviously Freeport thus far is not willing to do so and hence, RMC's brilliant strategic moves of bringing on board two strong institutional investors who will stand up to Freeport, raising a war chest with minimal dilution, building a strong mangement and advisory team and executing a strategy of moving exploration forward on the 100% owned properties. Don't let greed interfere with sound judgment Rob, exploration is exceptionally risky.
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