RESERVOIR MINERALS INC V.RMC

Laurentian coverage

[cd673]

https://www.dakotafinancialnews.com/reservoir-minerals-research-coverage-started-at-laurentian-bank-of-canada-rmc/672422/ Does anyone know Scotiabank's current target on rmc? Is it still 6.75? I am thinking some new drill hole results should be released soon. Imagine RMC would want to put some hole results into the press while Rio is doing their 60 days of due diligence. Anyone have other thoughts?

[rob926]

They need to do something because this stock can not maintain a gain. We are back were we were 3 months ago.

[thorgb1]

Holding a gain has nothing to do with the stock. Copper is getting slaughtered man, $2 a pound. Someone is going to buy this cheap. This is a world class deposit, but at $2 copper and a dire price forecast for the foreseeable future, I don't believe we will get the $10-15 a share this is worth in a healthy commodities market.

[rob926]

I agree I hope mamagement holds on until there is a better market for copper/gold. I've had this stock for over 4 years a while lon ger wont matter.

[cd673]

I agree 100% it would be a terrible idea to sell in the worst copper market there is being in more than a decade. There is no reason for them to sell if they are patient. They have wisely raised cash when times were good and they have a very low burn rate so can hang on for quite a while. I hope that we get to watch this one for another few years and to see the development expand and in particular