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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 vaeirrr1on Jun 15, 2016 10:37am
93 Views
Post# 24967080

RE:News out from XGC....

RE:News out from XGC....This is not good for us 'normal' shareholders who will only gain from stock price appreciation...  The chinese group obviously don't have enough money to buy out 100% rmc at a good enough premium and just wants to gain leverage for their side advantages... such as the smelter offtake contracts and an unsecured loan (!!) on timok.

It would have been more 'fair' if all the shareholders are voting on just as if they can only get share price appreciations and not gain control and reap benefits for their own respectitive entities...
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