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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 knotshureon Nov 08, 2014 9:34am
149 Views
Post# 23109664

RE:RE:RE:RE:RE:RE:Better days ahead for the junior sector.....

RE:RE:RE:RE:RE:RE:Better days ahead for the junior sector.....This bad dream may well not be over .  As everyone knows Freeport owns 75% of Reservoirs only asset . All be it pending a BFS , but that will be laid in RMC"S lap at the last moment . RMC is at the mercy of Freeport  and that is the issue here .

You must also agree that RMC management all have very deep pockets today compliments of FMC"S JV agreement . Yet not one RMC exec is loading up at these prices , nor is RMC inc . loading up at these prices .  When the insiders start to buy or when SIMON says buy will I believe there is a chance of a viable mining project here . 

The markets go up , the miners all recover lost ground  , yet RMC goes down . This is not Rocket science , keep your money on the sidelines till you see the insiders buying .
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