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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 bendystockon Apr 27, 2016 8:35pm
190 Views
Post# 24817971

RE:RE:LUNDIN

RE:RE:LUNDINThanks for the update Buckshot26. I think Lundin's public statement matches with my belief that the only thing that is a done deal at this point is that RMC is exercising its ROFO and by Monday will own significantly more of Timok than it did a week ago.

I plan on listening to the call tomorrow morning. I do not expect them to provide much detail on their strategy for after the ROFO has been exercised, at least if I were them I would hold that information very private until I knew exactly what my plan was.

Maybe I am wrong and now that RMC owns all of the upper zone everyone will leave them alone and let NSU take over Timok. Smooth sailing for NSU is probably the most likely scenario but I really hope that we get to be a part of some competitive bidding.

Curious if anyone else has thoughts on either my guessing valuation or conspiracy theories on RMC getting scooped out of NSU's hands?
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