Post by
cd673 on Mar 28, 2014 11:29am
What's next?
buyers and sellers set the price not us. But what we need is more news and I'm not sure when we will get that. The things I am looking to see right now : operating agreement with Freeport; drills turn the again on the property; drills starting to turn on the adjacent property for potential Vegas win; pressure from the Serbian government on Freeport to get them moving; copper price increases; a potential surprise from some of the outstanding drill holes But I do doubt that;or maybe some other stealth moves from Reservoir management that we haven't thought of yet. Or freeport surprise moves. overall I think the next few months could be slow and we should all keep an eye out for the additional shares coming on the market in 4 months as well. in the back end of the year should prove very very interesting.
Comment by
cd673 on Mar 28, 2014 3:55pm
if any of the 8 holes hit anything then they would have been irresponsible selling shares for $5.75 before those holes were announced. So I think all you will see you there is some indication that other finds in the area may be possible based on small mineralized content. so again I will think barring any surprises it will be a slow few months.
Comment by
rob926 on Mar 28, 2014 5:36pm
Reservoir told me they will announce the results when they get them so Freeport has not disclosed this to Reservoir yet.
Comment by
cd673 on Mar 28, 2014 7:10pm
Their geologists would have viewed the cores. If there was anything significant they'd know.
Comment by
knotshure on Mar 29, 2014 11:56am
What happens next ? Sure looks like the Chinese want it all to me . They are on record as being very aggressive buyers in the Alberta oil and Gas industry over the last few years . You know that worked out very well for them . They own the Gold exchange in London, they hold massive interests in the Alberta Energy Market . Im back on the Bandwagon !