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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 May 10, 2016 6:13pm
176 Views
Post# 24859722

RE:RE:RE:PEA error?

RE:RE:RE:PEA error?I agree more patience is needed. We are a long way from having to build a mine. We need to drill a lot of holes to prove up a BFS. In doing so we should prove out a huge porphyry in the process and get a big valuation for it since we are not getting any now. The last porphyry hole drilled ended in 3.47% CuEq. That grade is more like high grade than porphyry grade. To bad they didn't keep drilling until the minerization ran out. Like Bor we have the opportunity of more high grade pockets. I asked the company about that a while back and the comment was that freeport was not drilling to find any other high grade zones at this point. Hopefully we will now we can drill anywhere. Our future share price right now seems to be tied to commodities and China is a big wild card. They ran commodities up the last couple of months. So high that the goverment is impossing rules to take some of the speculation out of the market. We need higher copper and gold prices to really move our stock.
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