I should have added that my post below relates to RSL and last night all the posts were removed and thread closed on Hotcopper, which had speculated on RSL backed by RRR about to make an Oil & Gas related acquisition.
Have put 30K into this, more than happy to prove it (e mail rictastic at hot mail co united kingdom and I'll reply with a screen dump) so yeah I guess you could say I am an idiot So expert, where's the working capital cash coming from, how much longer do you think equity issues will last, at less than 0.34 the next one will need to be big, it's not to much of a stretch to think big trouble after that and I doubt small shareholder like myself will ever see their money again, 3%+ I think will be a different story (considering the assets still have value)
1) I doubt DS invested to "profit from a fire sale" - what a noob you are to imply something like that!
2) Why are you saying RRR are undervalued then mention fire sale in the same paragraph?
3) Why is it not a good sign if someone is putting alot of money where there mouth is?
I literally despair with all you idiots on here. You could be talking about 300g/t pockets in El Limon, but instead use key panic words not backed up by a single fact to try and trash a company in which you do not own any shares. Morally bankrupt the lot of you.
I think we all agree that RRR's assets are greater than the SP so just wondering if this all goes to sh!t if d_s_ owns enough that he'll profit on a fire sale, his big investment doesn't necessarily mean the cherry trees are blossoming
Dan, also known as d_s_ has over 3% of Regency as at the last couple of weeks, because between us, we have almost 5% of Regency and I for one, cant wait for the market to realise the real potential of both RRR and RGM ! Atb all true holders !
DS can't exert that much influence at 4.5%. However if DTM, briar, rrrRRRrrr, robins and 20 or so people like me with 1m+ holdings here 'pool' together with DS, then that would be a group that could not be ignored IMO.
But my preference would be for true value to be reflected in the share price, starting with decent figures from El Limon.
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