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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

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Post by thorgb1 on May 07, 2015 8:25am

News.....

Comment by cd673 on May 07, 2015 12:49pm
highlights that rmc is bascially worth timok + cash value only. the prospect generator market is generally on hold.  maybe even worse for a few years.  so logically they should shut down all other activities and focus on what they have found.  cash is key to this game. and using it to go fishing is unwise when you already have a whale on the line.  use the cash to put more ...more  
Comment by Buckshot26 on May 13, 2015 11:04pm
I find it odd, that given all the recent news has a negative feel (ie. optioners dropping properties and continued deliquent fillers notices coming from the BCSC) that the share price continues on a very nice, yet slow, climb northwords.  I mean all things equal, i would expect the share price to be in a slow slide south given the lack of positive catalysts. Makes me think that drilling is ...more  
Comment by cd673 on May 19, 2015 9:17am
the current drill hole locations are now posted on the company's website. Try the corporate presentation in the bottom left hand corner of their homepage. The one going deep and west may be telling. Link is here as well. https://www.reservoirminerals.com/files/doc_presentations/2015%20Presentations/150423_Corporate_Presentation_rev006_v001_t9u28m.pdf I was thinking assuming Freeport was not ...more  
Comment by rob926 on May 19, 2015 11:42am
Thanks for the heads up on the new presentation with drill site locations. Drill hole TC – 140054 is a big step out checking the porphyry to the northeast. I’m guessing they liked what they saw because they have now moved Little bit back East and south and are drilling the new hole TC – 150060 testing the porphyry to the southwest.    Looks like a good part of their infill drilling ...more  
Comment by Buckshot26 on May 19, 2015 11:58pm
the new md&a is finally up.  looks like they are up to hole 63 which is another hole into the porphyry.  Given the planned depth is only 1500, I assume this one is being drilled either centally or in the eastern portion of the deposit.  Holes 61 and 62 were drilled into the HS zone.  Like I said before, you have to think we should be getting our first batch of assays any ...more