my FAILING dd !!(OT) kinda funny.... i must be burned out or something because i bought rhc shares on march 04 after checking out somewhat DME,NAH (private) and American Helium (AHE.H) after doing a search for helium exploration companies in saskatchewan. I was surprised to see how many articles there were concerning RHC ... the vast majority of search results..
Anyways., before concerntrating on doing some dd on rhc i had spent a relatively shory period of time studying DME,,,, but then i seen an o/s sharecount of just over 340mm and decided that was too many.. so i swithced to rhc dd. DME was trading at 1.65 at that time.
The following week seen dme climbing higher and higher each day so just today i went back to check were the market cap was with so many shares os.. but instead i find that the OS with dme is only 60mm !!
I checked again the OS of rhc and it is 64mm!.. So i checked AHE.H and there are only 3.85mm !!
So i honestly do not know where in the world i seen 340mm shares.. have no idea what company i had on my screen but it certainly was none of these helium explorers!
But i can say that if i had seen that CME only had 60mm shares i would most likely have changed the plavement of my bet !! -- you know what they say about a bird in the hand !
FWIW-- looking at DME.. they have the goods.. they are in a prolific area... imo they deserve this recent run up... it may well run a lot higher imo !
Here at RHC there is so much depending on these test results... good success and probably a double.. poor results and how far down does it go?? I really do not like sitting at such a loaded poker table! the odds usually don't ride with me and history has proven it...
But i really hope for success for rhc ! It would be good in so many ways... putting more people back to work for starters!.. glta
(just some saturday night musings! )
gs2