From what I can tell, everything you post is self indulgent, vitriolic rubbish. I couldn't care less about your opinions as you are clear in your position that you would be happy to see RRR and AB fail. I have a problem with that because I am still invested and I want RRR to succeed. It's boring and spiteful...nothing more. I'm happy to see optimistic discussion on here and the occasional moan. You are so biased you should only be ignored.
Someone has to balance the deluded nonsense that the ramping half wits constantly spew out.
You deluded yourselves so much for so long that you cannot admit to yourselves or anyone else that things may be anything other than positive.
Newbies come on the boards and see the waffle about how great the future is and get sucked into the myth. Reality is expensive for them.
The majority of AIM resource companies are garbage. Sentiment may sway one way or another as Commodity cycles wax and wane, but duffers always end up sinking.
RRR is a duffer. They had a chance - and they threw it away.
On top of this the selective announcements being made about Kansai/IPCM, Gold mined/sold in Colombia, kenyan tailings and mining, Greenland etc etc are a long list of failure.
Man up a little, take a breath, look back at what you hold here and point to me where the successes are. Then do the same for the failures. The latter list is very very long.
Colombia was a prime example of information being selectively dribbled out to market, being stopped for reasons that hold no purchase in law (why would you not release numbers due to Due Diligence? - Answer: you don't have to).
Those with half a mind have known for a long long time that Greenland was dead. It's just you die hard apologists who kept it alive. the list of excuses was stunning.
So, get real, these boards are not (as you seem to think) for positive delusionists alone. realists are allowed in too. here I am.
These guy's don't give a monkey's about anyone's losses or potential losses, money is no longer the object as its already long gone for them when they cashed in. Its pain they want to inflict. They want AB to feel like they do. The current Investors are just collateral damage.
"Regency Mines (LON:RGM) Yesterday, Regency Mines provided an update on funding announced by its associate firm, Ram Resources, on 26th February 2014. Ram raised AUD1.5m through placement of 187.5 million shares at 0.8 cents each in two tranches. This was accompanied by issue of warrants exercisable at 2.5 cents, on a one-for-two basis, valid till February 2017. The update issued yesterday suggests that shareholders have approved the issue of second tranche of around 157.5 million shares. The share purchase plan (SPP) was oversubscribed and raised AUD700,000. Consequently, the company exercised its right to convert part of the carried interest in the Fraser Range project at the SPP price of 0.8 cents and at the rate of AUD50,000 for each 1%, subject to certain conditions. Shareholders of Ram approved the issue of ~40.6 million shares to Regency. Ram has now announced the shareholder approval for conversion of further interest of up to 30.5 million shares to Regency. The stock advanced 4.9% yesterday."
Our view: Regency Mines has announced further encouraging update relating to the funding position of its associate firm, Ram Resources. Under the current year’s work programme, Ram plans to conduct electromagnetic (EM) surveys to prioritise targets at the Fraser Range project, which would be followed by reverse circulation and diamond drilling. The upcoming exploration and drilling work at the Fraser project provides a strong upside to Ram. In light of these positives and gradual recovery in nickel prices, we reiterate a Speculative Buy rating on Regency.
Beaufort Securities Limited acts as joint corporate broker to Regency Mines plc.
This is what I have been saying about these characters for months. I just don't understand why the come here every day just to stick the boot into people when they are down. For what? Because they lost money, therefore all those who remain must suffer as well.
I just had a look on the iii board and I had to laugh. Some loser called Affemoose is looking forward to stalking the board for years just so he can have a dig at RRR. I can't understand why sort of person can pledge years of their life to following a share they aren't invested in. Ha ha. Amazing!
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