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RESERVOIR MINERALS INC V.RMC

Metals & Mining Industrial Metals & Minerals
"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

RESERVOIR MINERALS INC > Great coverage - $1.5 billion or more
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Comment by rob926on Mar 07, 2016 8:06pm
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Post# 24632484

RE:Great coverage - $1.5 billion or more

RE:Great coverage - $1.5 billion or moreI read the report and I'm confussed how they got 1.5bn valuation for Timok. Based on what Freeport is selling their 75% for it seems that the valuation on this deal is under 500bn and we are tradding at a premium to this deal price. What am I missing here?
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