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EnergyGuy62

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EnergyGuy62

Re: johnlw post# 5495

Friday, 04/06/2007 5:00:14 PM

Friday, April 06, 2007 5:00:14 PM

Post# of 12841
Johniw, according to one of the IR people that I talked to at RPT Uranium, the intersection of 4.68% U3o8 came from about the 100 metre level.

The reason that there seems to be a warrant overhang is that RPT Mgmt is extremely conservative (they don't want to run out of money). This is a HARD COLD world! But they are well funded now and after April 20th no more warrants.

Please keep in mind that the company is ramping up their drilling activity not only in the Sibley Basin where RPT has a dominant position but also at Richards Lake in the Athabasca Basin where all indicators are extremely favorable to the trained eyes of Peter Kautsch te German expert for RPT.

Making money in stocks is tough to do. Some stocks are great trading vehicles. But even trading stocks can become buy and holds as the company begins to really achieve the goals that management is seeking. Buyouts or producers reflect that success.

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