GREY:RGVNF - Post by User
Comment by
stocktalk2on Jul 14, 2006 10:20am
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Post# 11115429
RE: Monedas
RE: MonedasMy experience is that it is more prudent to be skeptical than gullible with regard to juniors.
IF, your scenario was as clear and simple as you describe, why has the exchange taken months to understand and approve the deal.
The fact is, aside from the description and location of the concessions we have no idea of McCallans deal with the Polish government regarding those concessions. That's why I say we don't know what we really own. Maybe the devil is in the details for us.
The PP I was referring to was announced in February. The news release said that the money from the PP, which was being done by AAA was for drilling Red Mountain and general working capitial. That's why I question the reason for the delay.
Questioning the deal you're in is part of an ongoing DD one should be doing until there are no questions left unanswered. If you feel that is negative, so be it. When a deal trades the way REV has, there is no question it has been heavily promoted. There are a lot of people who took off the rose colored glasses on the way down and sold because they realized they couldn't answer TOO many questions. That affects the rest of us as shareholders whether we like it or not.