RESERVOIR MINERALS INC V.RMC

Shareholders meeting

[rob926]

Anyone going to the shareholders meeting? Hoping for an update and some good news. We seem to have lost our momentum and have been trading down now for a month. Some good news would be nice.

[cd673]

I would guess that some of our prior momentum was driven by buyers who later were in the private placement and hence demand in the open market has softened substantially. A bit of insider selling, no matter how small, does not help either. Barring an operating agreement and recommencement of drilling, or start of drilling on the adjacent parcel, we could be 6 plus months away from any solid news

[rob926]

I would expect that a drilling announcement with some explanation and exploration results as to why they have chosen to drill and not farm out should be coming in the next 6 weeks. For Reservoir to break their model the exploration results will have to be really compelling. I think that will start the momentum again followed by some speculation buying in anticipation another big hit. If Freeport