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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 25, 2016 10:43am
151 Views
Post# 24902709

RE:Drilling

RE:Drilling From my understanding we are the first to drill this far south and made a discovery in an area that was believed to not be  good geologically. Our discovery was a blind discovery. At this point we have sold the company we are just waiting for all the votes to come in. If Nevsun does close the deal our cash is there cash.  If the deal falls through we own the whole deposit since we borrowed the cash from them and it would be our responsibility to continue proving up the reserves and the porphyry.  Right now we are just wasting precious prime drilling time. 
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