Regent Ventures Ltd RGVNF

News!

[Bendit]

The question of news and when to disseminate it is defined by law in Canada and it is governed by the rules set out by the BCSC and vetted by the lawyer for the Co before disbursement.

The decision as to timing of a news release and whether to halt the stock rests with the BOD and must not be held back for ANY reaon if there is "change in material facts".

REV normally includes news in their Quarterly Reports and Annual Statement but if, as we are expecting, there is changes such as:

1. Update on Eurogas

2. Red Mountain assays

3. Oil/Gas flow rates and cash flow projections in LA

then we should be updated immediatly that a report is presented to the BOD by the qualified Engineer or, as is the case of Eurogas, completion of the deal or negoiations as to an extention.

All public Co's in Canada are required to have a Board of Governance and a standard is set out for this and the BOD are required to have certain members on the Board. They have to sign off on all documents protecting  the shareholders, under law.

If the stock is rising, you have to look to previous news and the reason why people buy stock. Speculation is part of what drives the junior markets.

News is always what defines where and why it trades at whatever levels.

[dogone]

Bennie...nice smoke screen.. trying to find some excuse to hide behind?"halt" please, stocks that get halted are RARE .. VERY RARE...what we have here is a failure to communicate .. no more no less ..The exchange had them take down their web site once because it was years (many years) late and very old ... like 2 to 4 years old ...  REV was halted for not "complying" with

[Monedas1]

Note: Failure to properly report good news that is "material to the stock price" is just as big of an exchange non-compliance/legal issue as reporting inaccurate positive news.So if Regent's management is in possession of good news concerning the ability of the two oil wells to produce  or the results or positive results from the assays and delays release of these facts via

[stocktalk2]

You are correct Monedas...however, there can be circumstances that allow a company to keep news from being released until an impending transaction  takes place. The big IF here is, if the company puts out news that could end up costing the company considerably more money, or cause them to lose a deal, the exchange will, as long as they are kept in the loop agree to a certain period of time