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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 stocktalk2on Nov 14, 2009 8:50pm
149 Views
Post# 16487718

RE: logic 101

RE: logic 101Curtis, while we disagree on a number of points, I do agree with you 100% that when you look at the facts objectively, meaning, that if one did not know Rick or Ed or Wolfgang, REV's ceo is a hands down winner. Why? It's called fundamentals.

Eurogas now has 301,55,494 shares outstanding, current liabilities of 6.5 million US dollars, no cash and no revenues. Really, what else is there to say?

When you go to the Euro gas web site all you see is fluff, they do not tell shareholders, or potential shareholders about their share structure, or post their financials, both which are common place for any TSX listed company.

In comparison, REV looks incredible. That does not mean I agree with you about REV's performance when it comes to building shareholder value, I don't. They have not taken of advantage of the rise in gold with the Red Mountain property, they were clearly out of their their niche when they made a deal with Wolfgang for the Polish concessions and the efforts to date regarding the distribution of United Energy's new product is moving at a glacial pace. I really don't fault management for the pace of progress for UE's product, I only fault them for changing directions everytime the wind blows from a different direction. Finish something, anything!!! Build SOME shareholder value or at least use the value in the current assets to create some value and direction.

So, my vote will clearly be going to the current management of REV vs the ineptitude that is clearly demonstrated by Wolfgang....if indeed that is our choice. Do not confuse intermittant rises in a share price via promotion vs fundamental valuations. REV has both assets and a growing amount of cash to move forward and build some value...Clearly Eurogas in drowning in debt, has no cash, and no revenues.
Bullboard Posts