RESERVOIR MINERALS INC V.RMC

100% RMC claims in relation to known mineralization

[megacopper]

Does anybody know just how far the known deposit (on the Freeport/RMC J/V ground) is from the 100% owned RMC claims? I think RMC has to make something happen by themselves by possibly doing a financing (5 million shares at $5 has a nice ring to it) and start doing some aggressive drilling on their 100% owned ground. If they raise $25 million to go along with the $10 to $15 million they already have than they have some serious coin to do some serious drilling on their 100% owned ground.

The stock needs better liquidity anyways because its not trading enough for a stock in a major play like this. We know the sector has been beaten up beyond belief but a discovery like this doesn't come along very often. Where are the big money boys, I am surprised there hasn't been any talk of a possible financing. If they want to take the stock to the next level we need some serious players onboard and so far there seems to be a void in that area.

There are at least 5 known copper porphyries in the Timok Complex (many more to be discovered) and RMC has a lot of that ground tied up. They shouldn't wait on Freeport any longer. RMC shouldn't sit around waiting for things to happen. You have to make hay while the sun shines in the mining business and right now its RMC's time to shine so make it happen guys!!!

[megacopper]

Here is a scenario for you. Reservoir makes a deal with First Quantum on their 100% ground and First Quantum takes a equity stake in the company. Now that would make things interesting. Don't think it can't happen. That would make Freeport a little uneasy seeing a major copper producer like First Quantum come into the play and start sniffing around RMC. Anyways, I am just throwing 

[cd673]

I remain positive also. RMC is well positioned. But it will probably be slow to develop. And as I have said before I'm not sure if big institutions will jump into a minority owner of a stake.  It would be good to understand for comparables to RMC what sort of shareholders have been in the mix in the past. One other thing that would be interesting to know is if the unreported holes