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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 thorgb1on Jul 29, 2015 3:17pm
138 Views
Post# 23972987

Value investors sift for 5-baggers at Vancouver mining....

Value investors sift for 5-baggers at Vancouver mining....https://www.stockhouse.com/news/newswire/2015/07/28/value-investors-sift-for-5-baggers-vancouver-mining-symposium



Relevant bit for RMC:

Adrian Day, Chairman and CEO of Adrian Day Asset Management said hoped conference attendees will not have long to wait for a rebound in the sector.

image: https://www.stockhouse.com/media/news-images/Interviews/Adrian-Day.png

Click to enlarge

“Sentiment has become so overwhelmingly bearish, we must be close to the [cyclical bottom],’’ he said.

Day said stocks are so beaten down that any change in market sentiment likely result in a 5-fold increase in the share valuations of some of the companies taking booth space at this weeks' symposium.

He said that would include the likes of Reservoir Minerals Inc. (TSX: V.RMC, Stock Forum) which is developing a portfolio of projects in Serbia and Africa. He said it may also be true for Evrim Resources Corp. (TSX: V.EVM, Stock Forum), a Mexico-focused prospect generator.

Day also likes the prospects for Lara Exploration Ltd. (TSX: V.LRA, Stock Forum), which is also following the prospect generator model and is active in Peru and Brazil.

Read more at https://www.stockhouse.com/news/newswire/2015/07/28/value-investors-sift-for-5-baggers-vancouver-mining-symposium#EBafR16FwvFW4uHj.99
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