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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 rob926on Jul 27, 2014 9:11pm
121 Views
Post# 22785976

RE:RE:RE:New Quarterly Report Available on SEDAR

RE:RE:RE:New Quarterly Report Available on SEDARYes from what I heard the Romania lease is in the same huge belt that our discovery is in as well as Bor and quite a few other discoveries. Hopefully lightning will strike twice for Reservoir but big discoveries are few and far between. Freeport has been in the Serbia area drilling for about 10 years and finally hit the current discovery with Reservoir. I beleive they have drilled close to 100 holes over that time. They have keeped looking because this belt is known for big discoveries. They are also drilling in Nevada and British Columbia. I'm not sure if they are still drilling in Russia, last I heard they have drilled a lot of low grade holes and have not found a high grade pocket. I'm guessing we are still their best greenfield project. I'm sure they are bummded they are not drilling next door this week but they had a chance to sign more JV's with Reservoir while they were drilling the 8 holes on the 100% owned Reservoir leases. Snooze you lose! Drill baby Drill!
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