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Re: ChannelTrader post# 29407

Wednesday, 09/05/2007 2:10:09 AM

Wednesday, September 05, 2007 2:10:09 AM

Post# of 44848
Dak,

I'm not sure many would describe me as a pumper of this stock (although Ironman does not refer specifically to me)... I understand the reasons for your recent shift in opinion... it may very well be the case that investors have been duped here... or not...!! (and fair, reasonable, individuals, who are not too quick to jump to conclusions... will take note of that comment please, the facts are scattered quite lightly on the ground at this point in time)...

Could it simply be the case, that the CEO raised expectations above the level that they realisticly should have been...? And that those statements were compounded quite unfortunately, by posters who blindly supported every statement fed to us....

We have a CEO who has described himself in (it has to be said), rather glowing terms, extolled his regulatory knowledge and the professional (mining) experience of those individuals (family members or not), who are embarking on this project with him... could it possibly be that there is no premeditated plan to defraud investors here...? And instead, that we are simply dealing with a group of individuals who 'oversold' us on their abilities in an effort to drum up support (with no attempt to defraud in mind).... I feel very strongly that it may indeed be the latter, not the former, with which we are currently faced...

I have a faint suspicion that this post will be attacked roundly as 'my being naieve'... but I have questioned the actions and statements of the CEO every step of the way here... and although I have not received an overwhelming positive response to my appeals to question everything... I also am not convinced (facts ladies and gents...) at this point in time, that we are the victims of fraud.

There has been much speculation as to whether Mr. Berman reads this board, I, for one hope that he is today, as I would like to give Mr Berman the benefit of the doubt at this point in time.

This board is spiraling out of control... I have to admit that I lobbied Makesumgravy to insert me as Asst Mod, with a singular goal in mind... an attempt to center this board... I would like to appeal to all investors still holding stock, to seriously consider taking part in a collective, respectful and thoughtfull attempt to approach Mr. Berman, one last time, in an attempt to engage in an exchange of information... in short; answers to the questions that the majority of shareholders are concerned about...

Once forumulated, the request would be formally submitted to Mr. Berman by e-mail, to the registered contact address for Russell Industries, so we can be sure it has reached him. If it falls on deaf ears, so be it. At that point, personally, I will request to be removed from the Asst Mod position and move on to other things...

Not to engage us would be Mr. Bermans prerogative, of course, but I am hoping that he may see some value and sense in this approach, as we are after all, the (majority of)individuals who have provided the funds with which, to date, he has purchased claims, filed for regulatory approval (permits), purchased drilling equipment, and of course, paid salaries. If he has any respect for the position we hold as shareholders of RSDS (as per his former statement)... then there is only one course of action, in my humble opinion.

I am hoping that common sense prevails (at least in the short term..), that a collective effort can be achieved by any and all who feel its worth the effort (and why the hell not at this point..!) and that the sensationalist postings accusing Mr. Berman of being responsible for committing a litany of heinous acts will take a back seat (respecfully), and that this attempt be allowed to take place without too much opposition (fair comments aside... I'm not suggesting anybody be gagged... just an opportunity to actually expose what the hell is going on here... help... not hindrance)

To begin... and in order that this proposal attain some relevance and weight, I would like to compile a list of all investors (stock holders only please...), who would like to see this proposal (to be discussed further in open forum)... submitted in their name.

If you have an interest in taking part in this (I hate to be so mellowdramatic, but...) 'last stand'... please submit your user name to me by PM... I will then compile a complete list and post it publicly in the forum for all to see just how much support this idea has... If it turns out that its just me and a mentally unstable poster from michigan... This will be the last you hear from me in public... lol... I know that may be welcome news to some posters, but please, give this idea some serious consideration and lets put our differences aside... I implore you.

Cheers, J.

p.s. As there may be some regulars not reading the board for one reason or another, if you find favor with this idea and would like to see it carried forward, please contact other RSDS investors you know who may possibly be interested and inform them of the existence of this post for their consideration. Thanks.




In Remembrance of Joe Bresler, former C Sqn (Rhodesia) SAS, good friend, sorely missed. RIP Joe