Walrus,
I agree with a lot of what you are saying. The problem with your statement is that the increase in the share count would have been in the shareholder's best interest if it is what in fact generated the revenue. However, they found this revenue by chance. This is not a stream of revenue but a one time sale. There is no reason for any shareholder to jump into this stock for any reason other than playing the short, quick trade to make an easy buck. While I don't disapprove of that, as I have done it before with other stocks, it is not what we need to get this PPS up to levels where we can exit with minimal loss or even a small profit. That will only come if Berman can demonstrate that there will be a stream of revenue. We need to have proven and probable reserves.
Your statement:
"but RSDS is beginning to show signs of return"
is only an opinion and I would argue that in now way is it showing sign of return. My evidence for this is no uranium (other than a chance find of tailings), diluted PPS, incompetence to an unusually high degree, and no communication from the CEO.
Also, as far as uranium goes, I hate to break it to you, but it is not as hot as gold is right now. Until we get a hole mess of reactors around the world and here in the US online, the U308 price is pure speculation and will continue it's pullback.
I am happy that you are so optimistic and I commend you, however, I will be very skeptical until I know more about the way forward and that we have something in the ground to get us there. When RSDS starts to give something back to the shareholders other than bits and pieces that leave more questions, I will be right there with you and support this effort. However, I will not pump this stock as I may have in the past.
Show me some NI 43-101 reports please!
-faz
"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt
