Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by cd673on Apr 02, 2014 9:44pm
207 Views
Post# 22403457

strategy

strategyI know this maybe wishful thinking but I am Hopeful at this point the discussions are friendly and both reservoir and freeport have a mutual desire to complete the JOA. my thinking is that for freeport to have stopped drilling they would be putting their claim to a full 75 percent at risk if it was reservoir did not agree to the present course of action. they are obligated to complete The BFS unless reservoir agrees otherwise. and I think this point it is quite reasonable the chinese are also in the discussions and perhaps they're working on a 3 way deal to pursue a starter mine for the high grade while deferring expensive exploration of the deeper mineralization till a later date. in the scenario the chinese maybe financing a portion of the Mine for access to the minerals. And reservoir could see a healthy up Tick once an agreement is announced. Again this maybe just wishful thinking but that seems like a possible scenario to me.
<< Previous
Bullboard Posts
Next >>