Regent Ventures Ltd RGVNF

Be careful what you wish for

[curtisprod]

Monedas, Hobac

Several of you have been pushing for the 6%.  Well, the possibility was announced (weak as it was) and we dropped even lower.

I believe it has nothing to do with 6%.  It has everything to do with Aurelian.

We were supposed to begin drilling this fall in Poland.  Instead Aurelian announced that seismics and drilling won't begin until next year. 

Let's play the blame game and say that this was the result of bad contracts with no guaranteed start dates. 
I believe that this was McCallan's fault with some (dis) credit going to REV.

But

The CBM is still in play.  I believe that IF we were to announce a major financing, the SP would take off.

If I were management, I would be seeking major financing from Europe and the US.   I hope they are doing this as I post.  I would be also seeking additional properties in the area. 

In addition, the Sask. elections are today.  Following this, the Tar Sands should be in play.  

Also Red Mt. shoudl be seeking drilling plans for the coming season.

While all is bleak, (yes I said bleak) at this point,  I am carefully wishing for something to be announced soon.