Regent Ventures Ltd RGVNF

FUTURECAST

[HOBAC]

Chair you summed up the history quite elequently in your last comment. However, there must be some hope in this mess, in general market was down, no News Releases that were worth a penny, and in geneeral total inactivity of our management. They have asked us to wait until after Labour Day to see results of their work. We have a few days to go and we should see some results, I would hope. In essence if anything positive is to happen it should start happening very soon. As we can see some volume has been happening recently, however that volume should increase drastically in order to see a more respectable SP. In my estimation the first challenge should be achieveing a stable SP around 0.45 to 0.50 mark and then get some drilling results and then push it up close to a buck. However, the first step in my opinion will be the hardest, and the only person that can do that is Mr. MARKETINGMAN(WOLF). A stable SP means more investors and crediblity is regained, otherwise good bye higher SP. Some one mentioned Sept. 14, I say that date is irrelavant, if volume does not increase then nothing is happening. Let's hope future is bright and management and Haywood are less selfish, because believe it or not even they are hurting now. Well, less than us obviouly but the large gaps are gone and therefore less profits for them. As far as common share holders go let's hope that we can retain some of our investments. Have a long weekend all, and hope for the better.