Regent Ventures Ltd RGVNF

Monedas1 reply..

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Mondedas1 posts: I would not be surprised if the share price stayed at this level or maybe even dropped lower over the next two weeks......I would be surprised if any major announcements were released before their departure with maybe one exception-- the announcement that says that Regent has accepted the option to earn the additional 6% interest. ...means that 11.7M Regent’s shares are transferred immediately to McCallan. This maybe doesn’t seem like a big deal and will probably not affect the stock’s price immediately.... Monedas, I believe that Hut's point is that if REV transfers 11.7m shares to McCallan it is because the following has occurred: Regent has an option to acquire a further 6% interest in the shares of McCallan in the event that McCallan enters into an agreement with a major energy company with respect to one of its resource assets. We will have a major energy company in our fold. I would consider this a BIG DEAL and not be surprised if we took off rapidly?