Before we all get too carried away with the 'end of the world' scenario for RSDS... (which it may very well be... but who knows at present...)
There is still a lot to discuss about this stock and the companys activities at present....
I have to admit that I am itching to opine on the website mining photographs, but am waiting for some additional information prior to doing so...
My career has been quite singularly focused in a military vein for the past couple of decades; I have experienced exhillarating highs and soul shattering lows, travelled widely, but all in all its been good stuff...
I never thought it would ever serve a usefull purpose to be honest... but prior to embarking on that career, I worked for a drilling company in the UK for 18 months or so... hardly that comprehensive, but I've worked track mounted coring rigs, and hydraulically operated rotary rigs using both direct and reverse circulation (direct (or blast rotary drilling) is a method which pumps air or water down the center of a single core rod and it returns back up between the rod and the hole being drilled...) by contrast Reverse Circulation pumps air down the outer of the duo rods (two rods in one) two cores, and the cuttings are returned through the center of the rod and fed to a cylcone/hopper for the purpose of bagging and sampling by depth... the outside of the hole is normally sealed with a mixture of bentonite and water to prevent leakage of the compression (it acts as both a sealant and lubricant)...
On the Reverse Air Circulation jobs I worked, we hauled around a big, actually, very big, 750cfm compressor which operated the down the hole hammer at approx 250-300 psi.... NOT the kind of snot nosed compressor you see guys digging up the roads with... if you stood too close to this thing it would suck the air out of your lungs... I believe similar compressors these days are slightly more compact, but more powerfull still....
Drilling is hard, wet, heavy, and quite honestly, thankless work, (but as it often means working away from home and staying in hotels... at least you can drink profusely....). I often cursed the job, slipped on my arse in bentonite, had my face covered in copper slip, which is a bitch to get off, and even lost the tip of the index finger on my right hand one cold, wet, slippery night whilst trailering a duo rod, I believe ours weighed in the region of 200lbs a piece at least, could have been more.... it was a crush injury, but thankfully due to the cold I didnt feel that much... the nurse almost collappsed when they removed my glove and the tip dangled off by a thread, haha....
Lot of waffle I know... but in short I have an opinion on what I have seen based on personal drilling experience, and not as a result of scouring a drilling related website... (no offence to Faz's efforts to inform the board of drilling terminology and method...)
One little nugget I would like to serve to the board at this point however as it seems not to have been picked up on by anybody to date, is the following.....
Please take a look at the photographs on the RSDS website www.ru308.com again please... (I stand to be corrected on this, but please believe me when I say that I am supremely confident that I will not be... lets call that a kind of Berman type safe harbour statement...haha...)
Mr Anthony Brandt (in the baseball cap (plus one change of shirt) not the skinheaded dude)... please take a bow....
This is the same Mr Anthony Brandt who was a part owner in many of the Pay Day and Rage claims now owned by RSDS, it is the same Anthony Brandt who is RSDS's registered agent in the State of Utah... The same Anthony Brandt of BRW Mines (Monticello, Utah), incidentally, the BRW acronym stands for 'Brandt, Ramsay, Wilcox'... (confirmed by Mr Anthony Brandt himself during one of our 3 telephone conversations), if the names are not familiar to you, with all due respect, you need to read the contents of this board back at least 6 months... BRW are the company mentioned in the following RSDS PR from Mar 26....
HOUSTON, TX, Mar 26, 2007 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSDS.PK) has agreed to acquire 8 Uranium mine claims, known as the "Rage Mining Claims" in San Juan County, Utah from BRW Mines (Monticello, Utah). The Company plans to engage BRW to mine part of the claims in coordination with buy orders from interested mills. "The opportunity to acquire these claims is consistent with Russell Industries strategic plan for 2007", Rick Berman, President. The transaction should close in April.
...little is known about BRW other than the surnames of the principles involved form the acronym, as it is not registered as a business with the Utah Secratary of State... we're otherwise in the dark....
...furthermore... it appears that Mr Brandt is a drilling rig operator... now theres value for money... although I confess I cant tell you what portion of the $350k sucked up for salary payments were kicked his way...
I have a lot more on Brandt and his connection to these claims and RSDS, but more on that later.... I just thought it would be nice for the board participants to be able to put a face to oft mentioned name on this board.... I guess Mr Berman could have taken the opportunity to introduce him...in fact there are a lot of things Mr Berman could have done to better inform and elevate investor confidence in this stock... but alas....
...so, my opinion on the drilling photographs for what its worth... (not attempting to deliver the final word or cast aspersions as to RSDS drilling operation...but as we've getting sweet FA from the CEO, I would think any opinion grounded in some fact is of some benefit...)... will follow... as will my opinion on Mr Anthony Brandt....
Incidentally, to date, I believe I am the only person to have actually tracked down (Not an easy task believe me) Mr Anthony Brandt and spoken to him on three occasions... he doesnt own a land line or internet connection, simply a cell phone with crap signal capability.... IF any other board participants has spoken to Mr Brandt, I'd love to hear from you so we can compare notes... failing that, I'll offer my sole opinion with respect to our three separate conversations soon...
Cheers, J.
AI
