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RESERVOIR MINERALS INC V.RMC

Metals & Mining Industrial Metals & Minerals
"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

RESERVOIR MINERALS INC > Freeport to spend $25 million on Timok Exploration for 2014
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Comment by psj567on Apr 02, 2014 11:23am
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Post# 22400213

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Freeport to spend $25 million on Timok Exploration for 2014

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Freeport to spend $25 million on Timok Exploration for 2014You just answered your own question. As the NR states, the JV Agreement "will be based on the Earn-in Agreement finalized in March, 2010."  The Earn-in Agreement is the only existing legal document that defines the rights and obligations of RMC and FCX. It is the most significant trump card that RMC holds.
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