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Bullboard - Stock Discussion Forum RESERVOIR MINERALS INC V.RMC

"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 > New Quarterly Report Available on SEDAR
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Post by psj567 on Jul 26, 2014 11:30pm

New Quarterly Report Available on SEDAR

MD&A hits all the right buttons. Next 3 months ought to be very interesting.
Comment by rob926 on Jul 27, 2014 5:39pm
The next 3 months will be more than interesting if we hit a new discovery close to surface next door. Our stock would be multiples of where it is today. It would also make things more interesting with Freeport since we would have lots of options on how to proceed and with whom. We should be drilling this week and these shallow holes will drill fast and since the labs are not processing a bunch of ...more  
Comment by GeneFrenkle on Jul 27, 2014 8:12pm
Everything looks great to me, too. First, it looks like they have recently acquired more area in Serbia. Is that correct? Also, the parts they have in Romania are actually part of the same complex as in Serbia. Hopefully this means it will be an extension of the copper gold that we have already found. It makes me wish I had more money to deploy.
Comment by rob926 on Jul 27, 2014 9:11pm
Yes from what I heard the Romania lease is in the same huge belt that our discovery is in as well as Bor and quite a few other discoveries. Hopefully lightning will strike twice for Reservoir but big discoveries are few and far between. Freeport has been in the Serbia area drilling for about 10 years and finally hit the current discovery with Reservoir. I beleive they have drilled close to 100 ...more