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Re: research177 post# 33395

Friday, 12/21/2007 11:00:07 AM

Friday, December 21, 2007 11:00:07 AM

Post# of 44848
I think you are correct. What I have difficulty with is that it took Berman a whole year to acquire, permit, begin drilling, etc. on the claims for RSDS. Now he has two companies that have a nearly identical strategic vision for 2008. How in the world is Berman going to be able to focus on running two "now separate" companies when he couldn't even take care of one? If Berman was a smart guy, which there is no evidence of, he would combine the two companies, apologize to the shareholders for leading us on, and then get to the business of growing a company. That would be the smart play, however, I think the odds of that are very slim. The more likely play is as follows:

1. Put out PR's that indicate unachievable goals (NI 43-101 reports, Revenues promised, acquisitions, JV's etc.)

2. Dilute the hell out of the companies through 504 sales (while the whole time trying to reassure shareholders that this is not dilution but rather creation of liquidity for the shareholders.)

3. Perform a R/S on at least one, maybe both companies (this will be done because berman is unable to raise the share price buy attracting buyers to the stock through legitimate business practices and demonstrating growth. Therefore, the quick way to raise PPS will be through a R/S. Thanks B-man!)

4. Continue to drill to depths that are unlikely to find uranium and then PR that RSDS will drill deeper next time. (After getting that advice, he will then proceed not to drill to those depths.)

5. Lastly, Berman will feel like he has accomplished so much for the shareholders that he will proceed to reward himself with a huge salary.


Now I know why I got into this company...5 really great points as to why we should invest in both AUMN and RSDS!!!

What a joke Berman is.


The best line of the last PR is the following gem:

"The Board and Management feel that the present price per share of RSDS is not reflective of the Company’s assets and potential."

Ok Mr. Berman, what PPS would you say accurately reflects the value of this company? Seems like the market did just fine in accurately determining the value of the PPS a few months ago. Ah, that's right...you sir decided to interfere with the market's valuation of PPS reflecting the value of the company by flooding the market with shares. Hmmm...not sure this guy is living in reality. Reminds of a lot of people I know who continually stand on their heads and tell the rest of the world that they are the ones upside down.

Done with my rant for the day. Good luck to everyone here and have a great Christmas!!!

-faz




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