GREY:RGVNF - Post by User
Post by
redoctober777on Jul 21, 2007 11:29pm
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Post# 13129895
What did you expect?
What did you expect?We all wanted REV to gap up once all the principals got back from their European soiree. It didn't. Does that mean REV is junk? No, at least not at this time. All it means is that some of us had unrealistic expectations.
I believe the potential is still there. For the TSX to release shares of REV to Wolfgang confirms that there is a deal and that the conditions of the xfer have been satisfied. No fake out there.
Before the SP can or should go up, there are still some hurdles to clear (warrants, maybe a few personal agendas, etc.), but once DRILLING commences, and the presence of hydrocarbon is confirmed or re-confirmed as the case may be, then I would expect the SP to go up.
While news would be nice, it's better if it's backed up by fact and not by "unsubstantiated forward looking statements," otherwise known as "wishful thinking."
The weak hands need to cash out and go away. Others have wisely chosen to buy in or buy back in. Those who believe it will all work out and choose to stay should be prepared to wait the next few months without complaining about how slow the news trickles out. The next few months are a make-or-break period for REV.
At this point, REV mgt is not in control. Wolfgang is. The stock will go up when it is time. Non-believers need to sell out, and find another cheap stock to complain about.
And, EUGS is indeed related to Eurogas Polska (just read the form 10K and 10Q filings). Do your own DD.
GLTA