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Bullboard - Stock Discussion Forum 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 Discussion

RESERVOIR MINERALS INC > some discomfort
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Post by rex50 on Dec 01, 2012 6:22pm

some discomfort

It's almost 3 months since last hole assay report on 9-4-12 and 8 more drill holes are now completed. It's high time for more assay reports good or bad imo.>
Comment by psj567 on Dec 01, 2012 9:41pm
Think about what is known already.  Two of the best drill holes of any junior in 2012, approximately 250 meters apart. One of the holes has been described by several respected geologists as the best mineralized hole they have seen in their careers and a once-in-a-lifetime-discovery. Freeport has seen enough to commit to fully fund exploration and development through to a Bankable Feasability ...more  
Comment by rex50 on Dec 01, 2012 10:59pm
Thanx. Hopefully we will get some good news in next few weeks. >
Comment by guiltedge1 on Dec 02, 2012 12:15am
Yes maybe some discomfort.: I noted about the only new info in Ingrams presentation was that drilling is now to be 100 step out (after 200) Note  he did not say 250 or 300..... I am not a geologist but mathematically I might have done just that: - go a long way out then 50% back seems logical. The real asset of RMC is (a) a number of projects in a mineral rich area and (b) a serious amount of ...more  
Comment by megacopper on Dec 02, 2012 5:50pm
You often see long delays with getting drill results released when there is a major involved so investors should try and remain positive with RMC eventhough its very frustrating to have to wait so long between drill results. Usually the longer the delay means bad news with junior miners but that is not the case here because Freeport is in the drivers seat and they have no advantage in ...more