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Bullboard - Stock Discussion Forum RESERVOIR MINERALS INC V.RMC

Metals & Mining Industrial Metals & Minerals
"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 > Nice week for us....
View:
Post by thorgb1 on Oct 25, 2013 7:11pm

Nice week for us....

Surprised its so quiet here. Have a nice weekend all, and let's hope for some more drill results next week.

TGB
Comment by rob926 on Oct 26, 2013 5:23pm
It is nice to have a week with the stock going up with higher than average volume. I think it is quite because everyone is waiting to hear what Freeport is up to. This could be a long wait. The results of the holes are coming in very slow. In reality we do not know how many holes have actually been sent out to be assayed. I have wondered why they would drill so many holes without knowing the assay ...more  
Comment by megacopper on Oct 26, 2013 6:16pm
You are correct about logging the hole as they drill. That is standard procedure and a good geologist can visually estimate the percentage of copper very close. Not so with gold, lol. Both Freeport and Reservoir know this is world class and Freeport does need something huge to replace Grasberg and this deposit is the one IMHO. The big question is how bad do they want it and how all of this will ...more  
Comment by Buckshot26 on Oct 27, 2013 11:13pm
i thought two weeks ago when we bounced off off the low $4's on decent volume that news must be imminent.  i was dead wrong.  in the spirit of being about as right as a broken clock i'm with you thorgb and think we see news tomorrow or tuesday at the latest. that said, given the trading of the last couple of days i don't think we're going to see any of those high copper ...more  
Comment by megacopper on Oct 28, 2013 4:46am
Any hole that expands the mineralized footprint of the deposit is great news but I want to see holes 1328 1330 1332 1334 1336 and hole 1340 all towards the northeast come back with solid numbers of near 1% CuEq over big intersections. That would really expand the footprint of the deposit and put it even closer to RMC's 100% ground off to the east. Assuming I have got this figured out correctly ...more  
RESERVOIR MINERALS INC