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Allen70: Five gold stars for your last post!
Many of us are trusting that Berman is setting his sights much higher than parking a million bucks in his private bank account and tough ditty for everyone else.
Instead of him having a million bucks that he has robbed from us retail investors since he started dillution-pollution ... he can have MANY millions if he truly is up to the task. He is in a sector whose time is PRIME to make everyone here a lot of money ... if he will do some right things ... and be doing those who need Uranium a wonderful service as well.
At first I was very skeptical of Berman, but I've changed my tune. Something inside me says to let him have a chance to prove himself. If he doesn't come forward with some believable reason/s WHY he upped the A/S to 2 billion ... I'm going to be all over him like ugly on a ape, he can be assured of THAT!
Looks like it's about to break higher to me.
Ski: Yellow Cake may very well be the "dot.com" mania of 2007 and BEYOND. That's why I'm able to see the glass half FULL, instead of half EMPTY in RSDS.
It's bedtime.
Skibum: Right on!
But here is something many are pondering, I believe.
Holding 4,000,000 shares of RSDS could make you a millionaire in less than a year's time ... if Berman has a lucky star shining over him.
Where ... pray tell ... WHERE ... can $6,000 buying shares of RSDS tomorrow at an average of $.0015 give you any likely hope of making $1,000,000 off of your investment ... but in a Uranium stock like RSDS?
If Makes is anywhere near right ... that this stock may well be sold at $.25 a share for the patient ... this stock is going to bring an ever increasing amount of players to the table ... as long as this stock remains at the incredibly cheap price it now is.
Wouldn't it be absolutely wonderful to close out 2007 saying to oneself: "Self ... for all the risks that come with playing Pinks ... I am so thankful I got PAST my fears of accumulating RSDS when I did, because ONLY with Pinks ... can a person make so much return on such a small investment ... when everything lines up."
Rick Berman: If it is in your heart ... don't think JUST about yourself and your personal bank account. Why not give your shareholders ONE memory in Pinky land that will forever make you someone they can truly respect? Do what is RIGHT with those who are buying your shares: Don't use them for greedy gain - what say?
I love old dogs and children ... and yellow cake wine.
Loofman: With your devotion to Russel Industries, maybe Berman would allow you to live in one of those many Uranium mines he's buying with OUR money.
Put me down for one of those books TOO!
Like I posted last evening ... I believe you'll have about two days to pick up cheap shares. For those who aren't fully loaded, this is your blessing in disguise IMO.
We'll find out, won't we?
Great article off THE STREET:
Business & Insurance Update
Private Equity Digs Deep
By Mark DeCambre
TheStreet.com Senior Writer
4/16/2007 7:02 AM EDT
Private equity is mining the metals sector for deal nuggets.
Apollo Management's $1.15 billion plan to acquire Swiss Xstrata's aluminum business, unveiled earlier this month, underscores private equity's attraction to mining. And increasingly, the story goes well beyond silver and gold.
Instead, hard assets such as steel and aluminum -- and even rare metals such as uranium -- are luring private equity investors who expect demand for these commodities to spike as supplies dwindle, says one industry observer.
Private equity's interest comes as the publicly traded miners are undergoing a fierce round of consolidation. Big mining companies have been using their hefty cash hoards and resurgent shares to buy up rivals. Freeport McMoran (FCX) last month sealed its $26 billion buy of U.S. copper titan Phelps Dodge. Last week, Lundin Mining (LMC) agreed to buy Canada's Tenke.
But Chris Snow, metals and mining analyst at independent research firm CreditSights in New York, doesn't expect private equity to cross swords with bigger players.
"I don't see financial buyers going up against the bigger players and pitting their balance sheets up against strategic players," he says.
That said, there are several factors driving interest in mining.
Construction and development internationally has driven up steel prices. Industrial companies such as aluminum manufacturer Alcoa (AA) also have benefited, as shown by last week's report of a 9% rise in first-quarter net income on higher-than-expected revenue. And uranium is becoming a much more attractive metal, given the endorsement by many energy companies of the nuclear option.
TXU (TXU) , the subject of a huge private equity buyout deal announced in February, has set plans to forgo development of carbon-dioxide-belching coal-fired plants in favor a spate of nuclear facilities.
Such moves aren't going unnoticed by shops such as TPG Capital, Carlyle Group, Blackstone and high profile investor Wilbur Ross.
According to research firm Dealogic, the metals and mining sector last year played host to 102 private equity buyouts totaling $16.4 billion. That compares to 79 deals worth $7 billion a year earlier and 43 transactions worth $5.4 billion back in 2004.
So far this year, 12 metals buyouts have been completed, totaling $2.3 billion. Those figures don't count the recent Apollo-Xstrata deal.
One of the bigger private metals-and-mining deals has been TPG's $3.2 billion buyout of Aleris International, announced back in August.
Even tiny metals firms are getting some play. Idaho General Mining (GMO) has received a letter from Chicago-based Coghill Capital Management asking it to discuss "possible business combination transactions," according to a regulatory filing with the Securities and Exchange Commission. Last Tuesday, the company's shares saw a 23% run-up on speculation that a deal might be in the works.
Coghill has a 26% stake in the Idaho mining operation, which has a market capitalization of about $290 million.
If Berman states (even this week perhaps?) that he's done selling shares for awhile, THEN I think we'll see this stock rocket above $.01 very quickly.
If Berman states that he's going to increase the A/S and keep selling shares, BECAUSE his goal NOW is to buy as many claims as he can before someone else buys them ... we may STILL jump quickly to a penny. Even if not, this will be the FIRST pinky I've owned where I won't get all that nervous that the share count is over a billion shares, as long as I stay convinced that the bulk of the proceeds of those shares are buying up claims and arrangements are being made by someone to begin mining them (or of course, Berman is interested in selling some claims to the highest bidder!)
I believe Makes summed it up the best in one of his earlier posts. No one right now knows just how much those claims are REALLY worth. It will depend on the quantiy and quality of the yellow cake that is estimated to be in the claims -- costs involved of mining it -- and HOW much Berman might be willing to sell those claims should buyout offers start rolling in.
Strictly from a mommo perspective, if a person can get this stock under $.0025 a share, I say a bit of patience will allow a minimum sell price of $.005, with NO news released this week, or in the next few weeks even.
Longer term, depending on how things play out ... a sell price could be considerably higher, depending upon one's time frame.
I don't think it's any coincidence that so many are reading this RSDS board this weekend. I think most penny players know a good investment when they see it.
My only regret is that I don't have more cash to load up on even MORE shares tomorrow. Once this baby pops, it may run higher than what many could possibly imagine right now.
Then again, it may be such a good investment that the shorts try to take it back under $.0001 to load up on as many cheap shares as THEY can collect. Personally, I think that would have happened last week, if it was going to happen, but we'll see what this week brings. I know the shorts won't bother with this stock if they think Berman may announce that he's not going to sell shares for awhile once he reaches the 750,000,000 A/S.
Thoughts, anyone?
Lucky
Have to be away a few days so I most likely won't be able to share with everyone's excitement.
Take care, everyone!
Lucky
I'm looking at $.05+ as my initial target as well here. Probably higher than that depending on how high the price of Uranium climbs.
I don't think this is unrealistic at all.
Everyone DIE over here?! This is spooky.
Time to go to RSDS dreamland. Thanks, everyone, for making this board so enjoyable to read! Back at 'cha tomorrow!
What I LOVE about mineable Uranium is that it doesn't have to be pumped at all these days. It speaks for itself!
Yes. My mistake. Moon IZZZZZZZZZZZZ too close! Galaxies beyondddddd-da!
When I was a young lad many years ago, I always dreamed of finding Uranium.
After so many years have passed ... my dream is finally coming true, and I never even have to leave my computer to find it! What more could a fella hope for in this life!
Go Mr. Berman! Go RSDS!
Tighten down the hatches, mates! We are flying this RSDS spaceship to galaxies beyond!
Wow! Thanks Muddy! Thanks Mr. Berman! Thanks, Righty!
Sinch up the saddle boys ... this broncho is going to go on one wild ride!
Globeking: You still around these parts?
Thanks Muddy!
Muddy: Just got back to the board. Thanks so much for firing off that email to Rick B., and then sharing it with the board.
You may want to ask Rick in another email what he plans to do about the real-estate PR he issued back in January. Is he backing off real-estate ventures, and focusing TOTALLY on Uranium now? It would be good to hear what he has to say.
Dealer: Did you buy any shares of MOBL when it was as cheap as RSDS? I did.
Dealer: MOBL is in telephone: RSDS is in Uranium!!!!
When people wake up to the FULL potential of this stock ... $.002 will be peanuts. Mark this post six months from now.
Like I said a couple days ago ... six months from now you aren't going to BELIEVE the price of RSDS! Remember MOBL when it first started out?
This was being accumulated for weeks and weeks. MM's aren't stupid.
Thanks Muddy!
Anyone having favor with Rick might consider emailing him ASAP and ask him if he would clarify what is meant by mining in May, "pending regulatory approval."
Does that mean: "Depending on the weather?" Or ... the Federal Gubment must give their blessing - The State? Who? What?
And of course, if you email him, ask him if you can have his blessing to post his reply on the board.
Mining starting in May is a HUGE "Big deal!"
I think some flippers are going to be in for a BIG surprise THIS time around, that's what I think!
We'll see, won't we?
This morning just may be the last time we'll be able to buy at this ridiculously low price, ESPECIALLY after the 60 Minute piece this last weekend.
What HAS been, may never be again.
I wouldn't be in the stock if I didn't agree. We're on the same page!
Claiming to have no vast insight into why things happen the way they do in pennystock land, yet trying to learn all I can ... I get the feeling that a lot of pennyplayers have backed off playing pennies the last few weeks.
I think when the SEC hit those 35 companies with a trading halt for 10 days ... it has put a bit of paranoia and/or fear into pennyplayer's confidence.
A couple of popular penny plays like SLJB and CYKS being (alleged) scams certaintly didn't add confidence to pennyplayers either. CYKS seemed to be as solid as they come. Then BAMO ... silence and only guessing. The penny market has taken a beating the last several weeks because of all this suspicion IMO.
The question now becomes: "Which company or companies will get hit next by the SEC? Confidence begats confidence, and fear begats fear. It may take longer that what we care to imagine to regain confidence in pennies period.
Going into summer will not help either. Penny CEO's may well have to start being a lot more transparent and lot more cautious then in times past. For those CEO's, insiders, and companies that legit, perhaps they will evolve and get rewarded fairly when this all shakes out, instead of getting punished unfairly by overt shorting. Personally I'm not holding my breath, BUT ... we'll see.
All in my opinion of course.
Lucky
You can come back to this post roughly six months from now and prove me wrong if you would like, but it is my strong impression that the current share price is a much bigger blessing in disguise for those who have yet purchased all the shares they want.
For those who have their quota, it will be a great time to learn a bit more patience, something I desperately loathe!
Been thinking about standing on the street corner with a sign that reads:
Will work for food. I bought shares of KSWJ
Dak: Works for ME. Happy YELLOW Easter!
Grandma Mabel is still constipated, and I'm at my wits end! I really think that if I could get a few ounces of EM-100, it might help break things loose in her.
Can someone please help me get in contact with anyone who can get some of that EM-100? I would be willing to give all my KSWJ shares as collateral, if necessary. I'm desperate.
(FORD: I contacted RNGO to see if they could get me some of that stuff, and they told me the best they could do would be to use one of their drill rigs on Mabel, but I would have to get her to Texas).
OT: I waiting for a company to manufacture an Easter Bunny that lays eggs, and that if you paint them just the right color, and rub them just the right number of times, in the right location, you can be sure you'll get to heaven.
Many would like to get some concrete direction from the CEO about a possible future R/S. You'll be a hero to this board if you can come up with THAT answer!
Righty: Some GREAT posting from you last evening. If Berman heeds your wisdom, he'll live a much happier life as a CEO.