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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 thorgb1on Apr 13, 2016 6:10pm
112 Views
Post# 24763884

RE:RE:New RMC Press Release

RE:RE:New RMC Press ReleaseRob got his holes!!

The results are good, but not a lot of surprises left in the upper zone. I think they have it pretty much figured out, and they know what is there and what the value is. A couple of observations:

1. That Freeport is still releasing drill holes kind of surprises me, but also tells me that they don't care who the partner is. They have the deal in place that they want, so while they probably prefer Lundin because they already work with them, it doesn't matter to them who ultimately takes over.
2. The statement about the ROFO reads very confidently to me, and leads me to believe that something is in the works.
3. This whole release seems to me to be a housekeeping exercise that needed to happen before the "big" news comes down.

My best guess is that it's almost showtime........GLTA.
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