RESERVOIR MINERALS INC V.RMC

Analyst Tour

[rodneyc]

I am attending the analyst tour next week and will do my best to summarize for all of you. Thursday is the big day when we will visit drill sites.

[Meester954]

Any summary of the tour that you can provide us would be wonderful.  RMC has provided a couple of releases for drill results that are generally pretty positive.  What we haven't heard anything about is the status of the Freeport arrangement.  It is about time for something to be released on that.  Perhaps related, it would be interesting to see of you can divine anything

[rodneyc]

I just arrive in Belgrade two hours ago. I will definitely be asking about the Operating agreement with Freeport. Tomorrow is a big day - a full day tour.

[rob926]

It is 4pm in Serbia. So far the stock does not look like anyone liked the news of the first 2 holes or their site visit. Bummer!

[thorgb1]

Easy Rob, let's give Rodney a chance to report on what he observed before you jump to any conclusions. They started out at 4AM Serbia time this morning, so let's allow them to relax for a bit before we decide everything is negative.

[rob926]

thorgb1 I was going by the news has been out on the first 2 holes and it has not helped the slide in the stock. Rodney probably will not get much beyond what we know. Reservoir announced what they could before the tour. I asked about the Freeport JV at the July symposium and all they can say is Freeport has made an unacceptable opperating agreement offer. Reading between the lines this is a

[rob926]

I should have waited looks like I could have bought at lower prices. Not big volume but not much action on the buy side. To bad our big chinese investor does not just put a buy out there for $4.25 until all the stock is gone from whoever needs out at all costs. Probably wouyld not cost them much compared to their investment they allready have.

[cd673]

I have thought maybe Sprott or one of the chinese investors is taking profit. Not individuals as much. But who knows. It is a falling knife but I will keep adding. Eventually the knife will land on knotsure! It's a deal at thus price for sure. And if the next news is a copper hit we jump. Serbia will get freeport going again I have to believe. So there remains multiple catalysts.

[knotshure]

 RMC is in trouble . Low volume or not this is no time to be reaching for a falling knife .