RESERVOIR MINERALS INC V.RMC

Results

[bendystock]

I think there is another reason that hasn't been touched on for why Freeport has not released the results.  Freeport does not have the results yet. 

Freeport cannot simply hold the results and decide when to release them, as soon as they get the results they have to give them to RMC and RMC has to release them to the market.

Freeport may have an idea of the results from looking at the rock samples but they do not have the official information yet, when they do it will be released.

I think this is a case of the analysis taking a frustratingly long time to get done.  My hope is that it is taking a long time because it takes longer the better the samples are.

I think RMC is in a good spot, they have $ in the bank, a good partner and it looks like a good resource.  My hope is that investors do not have to be patient for too long and that Freeport decides to buy out RMC, I prefer this option to RMC having to work to find another partner or to share in the development costs.

Good luck to all.

[rob926]

Reservoir stock has been halted pending news several times which shows once they get the results from Freeport they have had a hard time keeping a lid on it. Since any hole results are material to the stock price it is in Reservoirs best interest to disclose as soon as possible. Freeport on the other hand being a 35 billion dollar company does not have to report it until it is material to them. I