GREY:RGVNF - Post by User
Comment by
dogoneon May 21, 2008 12:51pm
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Post# 15094556
RE: Clarity #2
RE: Clarity #2"Ignoring facts leads to lies"-- EXACTLY
-- and all the history surrounding these unbearable facts.
Please don't confuse the issue that management was so stellar in their duties and blame McCallan-Woffgang-Eurogas as my perspective was that REV management contributed nothing to the deal to bring it to payday. Payday for the shareholders is the key. The royalty will just go into the treasury, and I don't ever see us getting any value from it, unless they are lucky to purchase an asset that produces value and income as well. For too many years it has been the same song different verse. That is why I hope for the largest shareholder to increase his SP value.
I for one don't believe the financial are that complex, and I heard a change in accounting companies was part of the problem; may be the old didn't want to sign off on certain aspects, liability issues? That is why the spin went to McCallan IMO. And that is an interesting question of value.
Now it (Polish asset) is back with its' rightful owner and cheers I'm up 20% today, and will probably have a 5 bagger from here when they announce financing.
But this is a REV board and I and many others are hung with this stock and sympathize one another, yet let's see what rabbit will come from the hat. Hopefully soon.
It is good & bad to be retired-Sorry. Best of luck to everyone-management included.