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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 Jan 10, 2016 3:19pm
99 Views
Post# 24444845

RE:Fitch downgrades FCX to one level above Junk

RE:Fitch downgrades FCX to one level above JunkFirst right of refusal is only good if you have the money. To me it looks like if we want any value out of our discovery we are going to have to hold on for a few years until copper and gold come back and this moves towards being a mine. right now no deposits are worth much including ours. All deposits are being priced as if the world does not need them. If there is an offer where will we get the money? I would not count on any Angel investors because everyone one is looking to steal deposits cheap we just have to hold on and see if we ever get the value we deserve. I've been on this board for years  and everyone is always excited a deal is coming soon just around the corner. Well it hasn't happened yet and probably won't be soon this time either. It's just going to be a long grind like watching a train wreck in slow motion. I have been in this stock since before it became Reservoir Minerals and rode it up to about $7 US and now back down to under $3. Great discovery but has been a very disapointing investment in getting our value. Part has been the market and part Freeport farting around and not doing anything for about a year. We need some major news on the prophyry or a new high grade discovery to get this stock moving again.
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