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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

Post by guiltedge1on Jul 06, 2014 4:10pm
231 Views
Post# 22719536

While waiting for drill results..

While waiting for drill results..Seems the second unknown to ponder is what might Freeport do? With Wimbledon today won by a Serb, I recall the recent Telegraph article (“Serbia could go Bankrupt”, June 29th by a Camilla Turner, linked below) Note the last two paragraphs..” Serbia is at lowest level in terms of asset prices and probably at highest point in terms of upside” . I admit that I respect (and thank) the Serbs for the very hard time they gave the Nazis in WW11, but today in 2014 maybe when Freeport evaluates the risk of Serbia v Indonesia, Africa, South America etc that Serbia wins out? https://www.telegraph.co.uk/finance/economics/10933132/Serbia-could-go-bankrupt-says-PM.html Note that Freeport is seeking to sell a Chilean Copper mine https://www.gaininggreen.com/basic-material-most-active-vale-sa-adr-nysevale-petroleo-brasileiro-petrobras-sa-adr-nysepbr-freeport-mcmoran-nysefcx-alcoa-nyseaa-barrick-gold-corporation-nyseabx/1240405/ and From Seeking Alpha: “Freeport still in talks with Indonesia, says no arbitration plans Jul 2 2014, 09:44 ET • Freeport McMoRan (FCX +0.8%) is still in talks with Indonesia's government over the dispute that has halted copper exports, and says it has no plans yet to follow Newmont Mining (NEM +0.6%) in seeking international arbitration. • FCX confirms CEO Richard Adkerson is still in Jakarta trying to reach a deal to restart shipments of copper concentrate from its Grasberg complex, one of the world's biggest copper mines.”
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