RE: StrategyI don't think it was done on purpose. But you are right, This halt is probably the jackpot for RGZ shareholders!
First of all, it doesn't mean that because another geologist is redoing the work that MO is sitting and waiting. If he was on something, JV, sell or anything else on Titan, this halt is giving him time to work! We didn't suffer from this major downturn is September with the ressource stocks. The way the market was played, we could have been pushed all the way down to 0,50!
Secondly, the guys in Brazil had more time to work on the diamond property and they probably have a few news release ready to go. My understanding is that we have some cores out for independant analyses. You just can't find this quantity of macros at a so early stage of exploration and you just can't find so many diamond-bearing kimberlite at a so early stage of exploration without being on a verge of a fantastic discovery.
MO can hold the news, the stock is halted. You guys posting here must be beleivers like myself, (maybe not Timetoscore, Lucky, Westerncowboy....), you guys will hold to your shares because you are waiting for this discovery. So what is the difference that the stock is halted or not? OK, I cannot buy more... But nobody comes in on a Friday afternoon, at 3:50, to sell 100 shares and make the whole week look like crap!
I complained many times that we were not working fast enough. I still beleive that we could spend more and make things move faster. MO wants to keep the float low, very low (20 million shares is very low for that type of exploration cie). Well, I wish after we are back on line, that he will be able to pull the rabbit from the hat and bring us to a faster pace, without having to dilute too much...
There is no grey in that business! It is either white or black! This is either a scam or a fantastic discovery!
On which side of the fence are you? Read this news release again:
https://www.stockhouse.com/news/news.asp?newsid=3821415&tick=RGZ
Then do something different. Close the F&%&$ computer and go play in the garage! I bought a VW Golf 1994 in August. I am just completing a nice 3 color Rally paint scheme onto it. Then, once it is completed and looks goergeous, I will go out in the trails and beat it up like crazy till it dies.... Hours and hours of fun for less than 2000.$
In the meantime, RGZ boys are working, drilling and counting diamonds... SSShhhhttttt.... We are halted.... We are adding value....