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Re: oilman57 post# 7905

Wednesday, 03/28/2007 11:20:07 AM

Wednesday, March 28, 2007 11:20:07 AM

Post# of 51429
oilman57, what you don't mention is RGNO has over 4 times the number of outstanding shares. When comparing a company's price and not mentioning the number of outstanding shares, the price has little meaning. When RGNO hit .265 their market cap would exceed HMGPs even at $1.

I know very little about RGNO, and it might be a great company, but thought it only fair to point out your price comparisons have little value if you don't also take into consideration the share count.

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