Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by bendystockon Apr 29, 2016 12:18pm
315 Views
Post# 24825780

RMC and Timok Mention on BNN

RMC and Timok Mention on BNNBuckshot thanks for sharing the link and your analysis on the Lundin Conference Call.

I think your point on others potentially checking into RMC's availability is valid.

Lundin was clear on the conference call and then even more emphatic on BNN that other than RMC there are not projects out there they are interested in. This is from yesterday have a listen:

https://www.bnn.ca/Video/player.aspx?vid=858762

I gotta say I am loving the stock price these last couple of days, there has been a lot of volume at prices within close range of the RMC share purchase by NSU ($9.40). I hope that this volume indicates that institutions are looking at this as a good chance at arbitrage already and not waiting until late May-June. I am happy to closely track 2x NSU's share price here on out.

I see the primary risk of the next two months being NSU and its share price relying on unpredictable commodity markets (also noted by cd) though this is also gives upside potential. I have been clear that I still think another offer is possible and I think that Lundin's comments to their shareholders and on BNN justify why.

Good luck everyone, hope to see you at $9.40 and beyond.
<< Previous
Bullboard Posts
Next >>