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fazoolius

08/09/07 10:32 AM

#26399 RE: ironman53 #26395

Ironman,

"We sit and watch RSDS==> DECLINE in price as URANIUM==> INCREASES in price."

Actually the price of Uranium has been decreasing over the past few weeks.

From: http://www.theglobeandmail.com/servlet/story/LAC.20070809.RURANIUM09/TPStory/Business
http://www.denverpost.com/headlines/ci_6577608

-snip
MOSCOW -- Uranium prices, which have slumped by a fifth in the past 10 weeks, may fall as low as $95 (U.S.) a pound in the "next few months," says Troika Dialog, Russia's oldest investment bank.
-snip-


"When, say OIL is in demand, do OIL stocks DROP?"

Well, Oil stocks usually have "oil" and can estimate the reserves. RSDS does not have this except for an old report from the 50's.


"If RSDS does reverse split, I hope Berman is held accountable and investigated."

Not sure he can be investigated. I think he is fully able to do an R/S. An R/S would most likely be followed by a 504 and that would suck. Doing an R/S would certainly qualify your concerns that Berman is either a moron or stupid, however, I don't think it will help you figure out which one it is.


Once we have news that we are drilling and the news that indicates what is in the ground, then we should be able to move when the price of uranium does.

-faz