RE: RE: RE: RE: RE: volume!I absolutely disagree with you Whoa rimcheese.
I have seen many situations in which new management teams have joined small companies similar to RBE and the share price has done well after this.
As weird as it sounds...RBE is in better shape than alot fo microcaps for one reason...they have no huge debt fac. owing to a bank. RBE is perfectly suited to a new managment team coming in or some sort of strategic alternative.
Why? Cause if RBE was to raise capital it would go directly to drilling or buying assets versus paying off a debt facilty to a bank. Sure there is risk, but I think RBE s a way better lottery ticket than alot of it's peers. Between not having huge debt oustanding to a bank and having a good land package...I believe RBE will be able to attract either a management team or do some other kind of deal. And while we wait..not a big deal...not like GA costs will bleed RBE...very little salary costs right now.
A good deal happens...this can be 8-10 cents fast.
Rimcheese..why don't you pick on the many venture exchange natural gas wieghted companies that exist that have big neg cashflows and huge bank debt....RBE does not have this. At three cents..RBE is very attractive for stock investors that like some risk in their portfolios. In fact, as soon as I do some selling of some other stocks I own...like a big fat cookie monster I will sallow up a load of rbe at 3.5 cents.