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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

RESERVOIR MINERALS INC > Get real - this is a the best deal that has been offered
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Post by Demon11 on Jun 15, 2016 2:00am

Get real - this is a the best deal that has been offered

and above all you  shares in a company that has good growth potential as well a good dividend - what a bunch of hooey!!!!!

 The idea that the offer is under valued and shareholders should wait for a better offer or have RMC attempt to develop a mine themselves is a  bit wacky- do you know anything about mining ???? these commenst are smoke!

There are huge risks and challenges and starting up a mine and it takes years and lots of cash and expertise  -   NSU fits the bill pretty well. its really a rallying point that you talked to an anayst (s) who also support a NO - which analysts?  if analysts knew what they were talking about they would not  working as analysts nor would they give you the inside story --  . 
.
If there was a better deal out there or if the SHs are convinced the property has so much value why did the price sit a $4 for the last 2 years --- You are dreamers if  you think there is a better approach or deal out there - Who cares about the chinese and what they want - their bully boy self interest approach is the way they do business and they do not give a damn about westerrn SH  -

so GIVE YOUR HEAD shake  - if this doesn't go through you will regret it for next 5 years
Comment by rob926 on Jun 15, 2016 10:40am
 It was the best deal offered during the bottom of the worst commodity cycle seen in many years.  You guys  Conviently keep missing the point that we do  not have to be the ones to build the mine. There is at least two years of drilling to prepare a BFS  which we can take to the bank if we want to build mine or to do a deal that is more In line of what our discovery is ...more  
Comment by vaeirrr1 on Jun 15, 2016 10:58am
Hi Rob, Have you considered why when we owned only 25% of the upper zone we were worth relatively more at a 'market' bottom' than when we now own 100% of the upper zone?  Not sure comparing how the stocks moved in the down cycle is relevant to valuations now but taking freeport (fcx) as a proxy on copper stock top to bottom, the top was roughly on July 2014 and the bottom on Jan ...more