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Regent Ventures Ltd RGVNF

Regent Ventures Ltd is engaged in the acquisition, exploration and development of mineral resources properties.


GREY:RGVNF - Post by User

Post by Benditon Oct 27, 2010 9:49pm
354 Views
Post# 17621609

News!

News!The question of news and when to disseminate it is defined by law in Canada and it is governed by the rules set out by the BCSC and vetted by the lawyer for the Co before disbursement.

The decision as to timing of a news release and whether to halt the stock rests with the BOD and must not be held back for ANY reaon if there is "change in material facts".

REV normally includes news in their Quarterly Reports and Annual Statement but if, as we are expecting, there is changes such as:

1. Update on Eurogas

2. Red Mountain assays

3. Oil/Gas flow rates and cash flow projections in LA

then we should be updated immediatly that a report is presented to the BOD by the qualified Engineer or, as is the case of Eurogas, completion of the deal or negoiations as to an extention.

All public Co's in Canada are required to have a Board of Governance and a standard is set out for this and the BOD are required to have certain members on the Board. They have to sign off on all documents protecting  the shareholders, under law.

If the stock is rising, you have to look to previous news and the reason why people buy stock. Speculation is part of what drives the junior markets.

News is always what defines where and why it trades at whatever levels.

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