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Regent Ventures Ltd RGVNF

Regent Ventures Ltd is engaged in the acquisition, exploration and development of mineral resources properties.


GREY:RGVNF - Post by User

Bullboard Posts
Comment by redoctober777on May 07, 2009 6:57pm
306 Views
Post# 15976333

RE: RE: Delays (Are we surprised???)

RE: RE: Delays (Are we surprised???)Cumulative volume since the first of year, counting today's 74K shares is close to 7.3 Million shares.
For a dog like this to turn over that many shares in 70 days is definitely a harbinger of "something."  I don't know what, but "something" is definitely happening.  During this time, the price has risen from a nickel to 8 whole cents per share!  (Hey kids, can you say "stock manipulation?")

While any upward movement of this stock would be a welcome relief, I don't think a general summer rally will help this stock.  Only actual cash flow will help.  Without cash flow, when the tide comes in, our boat will be that much deeper under water.

I sincerely hope they can finally execute a deal.  It would be a first for them.  Nothing they've done so far has worked, at least not for us. I don't think it's worked for them either.  Chump change maybe, but not the hundreds of millions they could realize if they actually acted in the best interests of all the stock holders and not their own. 

If they can get whatever it is they are getting ready to do with heavy oil, tar sands,  (???) up and running this year, and if the price of oil goes over $100 per barrel in 2010, we should see some movement?

But what exactly is the deal???  What exactly is the business model, really???  All we've heard is anecdotal stories, rumors, rumors of rumors, people who "just talked to HQ," and the posting of a few abstruse and vague press releases.  We all want it to be true, but so far, it's only so much bovine scatology.  If someone can post actual FACTS, great.  If not, save the bandwidth for somebody else.

Show me the money! 

I'll check back in 6 months to see if my questions have been answered.

Bullboard Posts