The Investment Doctor
Long/short equity, value, debt, base metals

Reservoir Minerals - Will Freeport Make Its Move And Acquire Full Ownership At Timok?

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Introduction

In this article I'll have a closer look at Reservoir Minerals (OTCPK:RVRLF) which has just released a maiden resource estimate on its Timok property in Serbia, which is subject to an exploration joint venture with senior copper producer Freeport McMoran (NYSE:FCX). I will start by providing an overview of the project and an explanation how to interpret the resource estimate.

As a lot of people seem to be betting on Freeport making a move to buy out its partner, I will discuss...

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