RESERVOIR MINERALS INC V.RMC

Nevsun Announces RMC merger/acquisition on its Website

[psj567]

www.nevsun.com/timok-copper-project/   Nevsun annonces merger/acquisition of RMC: No details of the deal posted yet.

[cd673]

Well this is a pretty exciting Sunday development. perhaps they put this on their website a bit ahead of planned release. I guess tomorrow will be a big day. Sounds like a very promising development. They have the cash, mining experience some operating income as well for sustainability, and we have the killer project on the planet. It will be very interesting to see how they split the pie

[rob926]

Just checked the link and there is no page. Must have been taken down. Their market cap is less than a third of Lundin and RIO is 46 times bigger. They seem a little small to be doing a deal worth more than their company.

[rob926]

Here is a link to the release from Nevsun that was retracted (the guy was quick enough to grab a screen shot before it was pulled). Maybe we will have a deal tomorrow and be getting Nevsun stock for the high grade. https://incakolanews.blogspot.com/2016/04/nevsun-nsuto-and-reservoir-minerals.html

[ouzo12345678900]

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[psj567]

Nevsun has to put out an anouncement now before tomorrow morning's opening.Nevsun is a great acquiring/merging company. It has about $500 million US in cash (which accounts for about 65-70% of its market cap), no debt, a great producing mine that is throwing off plenty of cash and pays about a 5% dividend. Also-- I just tried to access the Nevsun website and it stated, not available, currently

[ouzo12345678900]

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[ouzo12345678900]

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[ouzo12345678900]

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[cd673]

Ouzo do you own either stock?

[psj567]

Ouzo-- never seen you on this board before. You have no clue what you are talking about.

[rob926]

Hey gang what kindo of value do you think under these circumstances we are going to get? If the release is true then we will be a combined company with significant exploration exposure in two proven mining districts. They also said the deal benifits both Nevsun and Reservoir shareholders. They only talk about consolidating the ownership of the 100% owned high grade deposit no mention of the

[rob926]

Hey gang I reread the posting and realized if the ownership of the high grade is consolidated to 100% ownership I guess that means Nevsun would own all the high grade. What is everyones take on this? The more I think about the pre release the more it seems to me that this may be way below what the street expected us to do with our ROFR. This pre release has me uneasy!

[ouzo12345678900]

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