GREY:RGVNF - Post by User
Comment by
JennyB2on Jun 03, 2010 8:34pm
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Post# 17157062
RE: Red Mountain/Louisiana O&G
RE: Red Mountain/Louisiana O&G
Personally, I am assuming all of the Haywood and REV insiders are counting on there being a stock "bump", if not an actual "pump", as a result of any of several things that could happen as a result of the "News Release" just let out concerning the drilling at Red Mountain.
Always of great importance is whom one is in bed with. It is most likely it is no great coincidence that REV and whats-their-name are using the same geological consulting company and both are going to drill this summer.
What would be of interest to me, would be to know if Haywood's or any of the REV insiders have taken part in any of the financing or re-financing or stock purchases of the company adjacent to REV on Red Mountain.
If they have or are doing so now, THEN I would see REV as a possible promotional play once again. I still do not believe REV has either the intellectual or professional horsepower to pull off an actual mining play.
Or, as they say on "St. George and the Dragonet","Just the facts Ma'am, just the facts"...in my opinion, of course.
Does that cover your question as regards the management expertise comment?