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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

View:
Post by rob926 on Dec 16, 2014 2:31pm

Question

Here is a survey question. If we get an offer for our 3 JV leases what price do you think Reservoir would sell at?
Comment by thorgb1 on Dec 16, 2014 2:40pm
In a strong commodities market $12-20. In these market conditions, I think the board would have to seriously look at anything over $8.
Comment by rob926 on Dec 17, 2014 2:32pm
I think you are right on both ranges. I thnk they would probably seriously consider an offer of $9.00. Timing is everything and ours is off. At least we have a great discovery! Now lets find another one! GLTA and Merry Christmas
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