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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 1:41pm
83 Views
Post# 24968005

RE:RE:The "there's better deal" group -- must be day traders

RE:RE:The "there's better deal" group -- must be day traders I think all the "subtle" insults from both the Yes and No groups are not needed and people who use them show they've no real good argument than appealing to emotions. (the Chinamen vs NSU trolls)

Most of us here want to get more value out of the stock and but just have different opinion and risk tolerances.

Summary so far:

Yes group:
- NSU is undervalued for various reasons outlined earlier and we get equities to continue to participate in two world class and undervalued deposits
- NSU has the cash, expertise, and experience to develop the mine so no future dilutions and less risk than us developing on our own
- It is the highest bid so far and the stock price could tank short term and get more diluted (uncertain outcome)

No group:
-NSU didn't pay enough
-NSU's geopolitical risk is too high

my take on the 2 points for voting "NO"
-it is the highest bid and we do get to participate on future upsides
-the geopolitical risk is reflected in their share price already

By the way ROB, have you ever considered Adrian may just be posturing?  If i'm a public figure with large float, of course I'll say I'll vote "no" as well even if I vote "yes" at the end... just to pressure NSU to sweeten their offer and there is nothing to lose.  Also, why do you only trust Adrian and not consider Brent Cook's or the management's opinion that this is a good deal for RMC? I would consider Brent to be the best economic geologist that we've access to... better than any broker/bank analyst or a fund manager in terms of understanding the economics of a deposit, and he is always a straight shooter and shuns risk.
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