GREY:RGVNF - Post by User
Post by
stocktalk2on Jun 27, 2006 11:28am
149 Views
Post# 11037866
scorpio
scorpioStrickly my point of view only, but as one who has seen more than his fair share of deals over the years, I would have to agree with curtisprod. The main culprit here looks to be Haywood.
I would bet you all my stock that IF we were to identify who Anonymous is, we would find out that Haywood has been hitting that button as only the PRO's can do.
The question is why? And the answer is always the same....money...lots of it. So far this play is 90% speculation 10% fact. Pro's can, and do, use markets for their own purposes. Don't forget that Haywood was a big part of the .06 placement some time ago. They obviously are close to the deal and know more about what is going on than the average dummy walking along the street. Then they see the perfect storm forming. We get the big May sell off, combined with delays, and month end before the long weekend.
Leaves a lot of questions for the boys at REV. Of course when the heat is on the standard response is, hey the stock went from .10 to .95 if you didn't sell don't come crying to me. Now that's okay for the guys who bought up to say .50, but the blip that happened from there to .95 was based on on them getting the 22% interest in McCallan and according to those in the deal for the gold, it was worth a buck just based on Red Mountain.
Reality bites sometime and this is a rough game. I'm sure those here who sold their ASD to buy REV are not too impressed. We can only hope that the boys at REV are able to pull a rabbit out of their azz before all confidence is lost. Cause if that happens, it's going to be a long tough road back.
Some of the financial info I get on a daily basis said that this market has had a brutal correction of 30%, well, we doubled that in REV. Lets hope that that oasis everybody is talking about is not a mirage, because then you gotta lotuv esplaining to do Lucy.