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RSDS is my latest insanity experiment with averaging

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righty   Saturday, 02/24/07 01:54:29 PM
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RSDS is my latest insanity experiment with averaging down. Company recently acquired some uranium claims with good potential, but then dumped some shares into the market taking it down from a high of .0065 is to .002 ish.

It seems in the past when they have diluted it lead to great acquisitions, and the hope is this is the case again, so we wait for news on that.

In the meantime we are waiting for more geo work, approx 66 days left until we hear about that, so I am looking to avg down some more on that one while it drifts in lieu of news on the geo work. Company is a holding company with a jv interest in developing a resort in the bahamas, we should see something from that jv soon as well, but hopefully not too soon!

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