Regent Ventures Ltd RGVNF

Market analysis

[HOBAC]

Although nothing has been happening on the management side, ceratianly many things have happened to us. I believe no one as far as common share holders likes the further dilution by HAYWOOD and management, but it is better than the initial intension. At this point and time several things have to happen: 1. Wolf has to gather strength and promote REV prior to drilling 2. Management will have to start establishing credibility 3. No new adventure such as Tar Sands, Venezuela gold and such 4. Stop diluting our capital, it is enough for now Note: I am disappointed TSX did not intervene like last year, but that is another matter. Overall, this should be the bottom and hopefully some good news for a change will start coming out. As far as pumpers go, now they can come out of hiding, their job is finished. The only question I have for management now is you got what you wanted from us, what else do you want from us? Some share holders are giving in to the pressures of SP manipulation and I understand them it is difficult to observe and do nothing with recent negative events. All in all I see positive signs from this point on, unless management goes to sleep totally. By the way if you look at all Venture stocks they are in trouble now, so this is the time to buy not to sell. For example some Venture companies are actually producing and yet they are worth 0.65, analysts call it market correction. I call it robbing the small guys, but that is free market economy. Good luck all