InvestorsHub Logo
Followers 0
Posts 519
Boards Moderated 0
Alias Born 06/01/2006

Re: hayloft999 post# 5502

Saturday, 04/07/2007 6:45:26 AM

Saturday, April 07, 2007 6:45:26 AM

Post# of 44848
In relation to the proven/probable reserves and share structure of URME ('scam'?) RSDS has approximately 30 times their O/S and 1/5th of their proven and probable reserves, so is the RSDS pps worth 0.06?

The reward/risk ratio seems more than reasonable however, I can't find any information on BRW mining except an Ozzie company that doesn't mine in the US and Rick Berman is now diversifying into real estate instead of concentrating on the job in hand which tells me UTAH has didly squat going for it.

Fundamentally RSDS is doomed unless Berman pulls a rabbit out of the hat but as uranium is heading for the $100 mark maybe speculation and momo may take this higher for a few days.

It may be worth throwing $10 at it? JMO