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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 cd673on Nov 23, 2015 8:22pm
103 Views
Post# 24318022

RE:RE:RE:RE:Laurentian coverage

RE:RE:RE:RE:Laurentian coverage I agree 100% it would be a terrible idea to sell in the worst copper market there is being in more than a decade. There is no reason for them to sell if they are patient. They have wisely raised cash when times were good and they have a very low burn rate so can hang on for quite a while. I hope that we get to watch this one for another few years and to see the development expand and in particular start to get credit for some of the deeper deposit as well as adjacent land. But we are in a crazy market and at a crazy time so who knows what will happen. If they do sell I hope they are wise enough to get a heck of a big kicker out of the ongoing royalties. At the end of the day management has made great decisions so far and I think we can give them the benefit of the doubt that they will continue to do so.GLTA
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