Regent Ventures Ltd RGVNF

are we all that stupid ????

[dogone]

that a Press Release to drill 3 well in Lousiana, spending $275000 with a 2 man comapny, who is also a Director of REV. .. waht kind of decision is that ?????

Is that the best you could come up with???

and Red MTN .. ??? 

Got a sample page from the Infamous Texas Report ... from the Goelogist that reviewed information data supplied by REV ... Here it is Below .... iT IS HIS (SEVEARL WERE INVOLVED) OPINION SOLEY BASED UPON ALL DATA SUPPILED BY REV.

Disconnects in Regents data that created extra work and/or creates creditability problems for Regents management. Additionally raised capital funds (Private Placement $$) were not wisely and/or prudently spent.

 

1. There was no plan for exploration other than find the MOTHER LODE. 27 holes were drilled prior to 2001 in the Saddle Zone. In 2001 some small objectives were established to further the exploration of the Saddle Zone with 5 holes being drilled. In 2002 fieldwork again set small objectives to further the exploration with 6 holes in the 4 in Saddle zone, 1 in 50-50 fault ( failed ) and 1 in Treadwell area by ASC in their deal to acquire 50% of Red Mountain property.  In 2003 one deep hole was drilled on Regent’s property by ASC in the Treadwell area.  In 2004 5 holes were drilled in Regent’s property near the Treadwell area and Hobo Creek. Normally an exploration company would explore toward a future mining feasibility study.  Projects were driven by money available. Regent has wasted a lot of money in this process by not having a plan and following it.
2. There was wasted drilling money spent on several occasions. Such as holes DD94-03 and RC 95-07 in the same hole.
3. There were too many lost samples, combined or misplaced samples in various efforts, which could have and should have produced better and more useful data, especially data that could further the quantification in the 43-101 compliance.
4. Sample results for several holes were missing.  Sample results from one hole were recorded on another or not used. Some logged sample results contained visible gold disappeared, and were not analyzed.
5. Sample results from one hole contained heavy black slightly magnetic mineralization, which suggests platinum. These samples disappeared, and were not analyzed.
6. Too many different geologists were working on site over the years causing mineral identification problems and correlation between holes for quantification purposes.
7. There was a change of coordinates for the drill collars for 27 of the holes out of 45 holes

Based upon the above, it is clear that press releases and or informational releases were sequestered to keep information in written form that could be and should have been viable to any shareholder making an investment in Regent Ventures.

In comparison to other Canadian companies, that would be considered similar to Regent, the information or should we say non-information ( Press Release drafts Oct 05 to Dec 05) from Regent significantly was withheld to help insiders and/or the gain of Private Placement monies at a market discount which later was unloaded to the public. Hiding behind the 43-101 is merely a smoke and mirrors tactic.

The above is not my opion, and for informational purposes only, but it was the geologists comments based upon all data supplied by REV.