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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 > New Interview w/ Simon
View:
Post by thorgb1 on Sep 12, 2014 9:07am

New Interview w/ Simon

Posted yesterday.....

https://www.proactiveinvestors.co.uk/companies/stocktube/3062/reservoir-minerals-ceo-on-developing-congo-style-resource-in-europe-3062.html
Comment by rob926 on Sep 12, 2014 2:08pm
Great Post! Thanks! Glad to see Simon do an interview since we have been void of news. Nice to remind investors we have a Congo grade  Swickosit in Europe with infrastructure. I was disapointed the guy did not ask about Freeport. Probably was told not to. I liked that Simon talked very highly and was excited about out own drilling especially when he mentioned our near surface  ...more  
Comment by cd673 on Sep 12, 2014 7:32pm
I agree it is good to see now that summer is over the PR machine looks to be ramping up ahead of the analyst tour and results that must come sooner than later as well. But I would not take the positive tone to mean one or the other on the drilling. I think the drop of 70 cents is a better indicator of the odds of success on a new find, they are not high and people are nervous. Plus copper mines ...more  
Comment by rob926 on Sep 13, 2014 10:08am
I'm not convinced the share drop is based on no success on our own drilling. I still think the longer Freeport takes to get back to drilling the more nervious shareholders become. Within in a few days of crossing our 200 day moving average we started going down and fast. I'm sure it scared out some people who got in just for the new drilling program. When we crossed the 200 day moving ...more  
Comment by cd673 on Sep 14, 2014 12:36pm
I did not say the drop was a result of no success. I simply said that was a possibility. Agree people are nervous. And short term, I think even if Freeport starts drilling that alone will not drive us to $9 or $10 quickly. A New find is most important to drive to that price in my mind. Long term we will get there but it could take a while without anything new. PR is good for sure, and a big board ...more  
Comment by rob926 on Sep 15, 2014 7:42pm
Getting on the big board would be a boost! It's sad to see resource stocks to start back down after finally having a good first half of the year. Saw a graph of commodity prices and it looks like one of the Alps this year. A nice upward trend until July and then the backside is almost straight down to where we started at the first of the year. Brent Cook had one of his picks sell off when the ...more  
RESERVOIR MINERALS INC