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| | Corporate Profile: Reservoir Minerals Inc
Publisher: Kaiser Research Online
Author: Copyright 2013 John A. Kaiser
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Reservoir Minerals Inc (RMC-V)
| Reservoir Minerals Inc, led by CEO and President Simon Ingram, is an exploration company with projects in Europe and Africa that listed on the TSXV on November 1, 2011 after its parent, Reservoir Capital Inc, transferred its Serbian projects into a shell for 9 million shares that it distributed as a dividend in specie. Prior to listing Reservoir completed a $9.6 million unit private placement at $0.65. The company's flagship is the Timok project in Serbia, subject to a farm-in agreement with Feeport-McMoran since Mar 18, 2010 which can earn 75% by completing a feasibility study. Freeport-McMorRan drilled a high grade discovery hole in July 2012 that led to an initial resource estimate in early 2014 reporting 3.7 billion copper pounds and 3.1 million gold ounces at grades of 2.6% and 1.50 g/t Au, respectively. The company has additional European prospects and joint venture agreements, largely in Serbia, as well as gold exploration targets in Cameroon and Gabon. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
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