NYBOB...I had a telophone talk with Brad Baker (the son of Nelson Baker who is the acting President of RPT Uranium).
He told me that there will be more management changes (getting rid of the inflexible thinkers) and they are very well aware of other companies rewarding their shareholders with huge price gains simply by staking and being awarded permits for large blocs of land that are highly prospective for phosphates, coal and other commodities.
BOB, RPT is a much stronger stock than Northern Sun simply because RPT has $16 million in the bank and Northern Sun has very little.... maybe a couple hunded thousand in the bank. In other words RPT has at least 80 times more money than Northern Sun.
Within the next 90 days, RPT should finally start rewarding its shareholders with higher share prices. As a shareholder who has held this stock for more than 2 years, I am more than ready to cheer! :)
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.
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.
