RESERVOIR MINERALS INC V.RMC

Call

[RoofChek]

Missed the call. Curious as to substance. Anyone here attend and have commentary?
tks

[cd673]

It was good PR in my opinion and may attract some more investors.   Could have been a bit more polished and there was a  lot of background noise.  But Simon is very strong and clear in delivering his messages.  What I took away was: - +/- some % they know the 65 mill pounds is now understood - They may upgrade sizing as assays come in and more holes are drilled - There is

[RoofChek]

Thanks very much. I appreciate all of your constructive posts.

[thorgb1]

Like CD said, it was a good PR exercise. If you have been following along, there was not a lot new in the conference call. A couple of pieces that came together for me: 1. Mine financing through offtakes. Logically, this is where Jing Bao fits in. If we could put financing in place without any dilution, it would be a huge win for us shareholders. 2. Simon was very complimentary towards Freeport,

[RoofChek]

Thank you for your insight. 

[cd673]

My guess is more PR Monday but no assays. Freeport is clearly drawing the drill plan and assays out. Unclear why other than bigger priorities elsewhere. Agree re the Chinese. GLTA.

[rob926]

Glad to hear hole 1332 made mineralization past 2000 meters. I know we all want a buy out but I'm not so sure Reservoir wont stick around because the long term value could be huge for 2 reasons. First being valuations at todays metal prices are not near as valuable as they could be in the future. Just look at the valuation beating all mining stocks have taken. Second Freeport is probably only

[rodneyc]

Rob – when you say current discovery, do you include the porphyry. Because I believe the porphyry will be included in the BFS. As Simon stated yesterday the porphyry is the reason Freeport was brought to the JV. Actually I don’t want a buyout in this case, at least not in the near future, and until we know what we have. I gather others feel the same. We are very fortunate to have an established

[rob926]

Yes I agree Freeport will have to drill out the current discovery which would include finding the limits and grade of the porphyry. Like I said I'm glad hole 1332 was into the porphyry past 2000 feet the question is going to be what grade is it. The only wrinkle I see so far is our original hole. Holes 1218 & 1219 have great long intersections of porphyry grading .81% and .90%. Hole 1210 a