RDS - Redstone Resources

[Absolutely]

Hi Makavel,

I don't think CanOz was having a go at you. I think he just thought you were making some bold statements that demanded a little more explanation. I was kind of waiting for your response too as what you have said already was very interesting - certainly has made me look in to this stock with some detail. You seem to have a certain confidence in your words that I think has raised a few eyebrows.

The stock had a strong finish and seems only to be going higher from here for the time being.

I enjoy reading your comments.

Cheers

 

[Makavel]

well him saying i knoe more information is a direct comment at me which is unneeded to the whole situation definatly if you dont understand

Thankyou Absolutely, i base these comments on understanding a prospectus and understanding were the land is position and the companies that surround that land. Further more look at the staff the company has. The proffesor who is David Groves (PhD) - Chairman is easily one the best if not the BEST geo in the world. Read about him and his credentials and who he has worked for.

how can you tell me honestly someone with those skills would waste their time

and that is only one person

so by me saying to CanOz that he dosent understand is very viable. Like i said he does not understand how to read a prospectus.

Thats All im not here to talk **** or waste peoples time if i can help someone make money then i will

simple

Michael

(of course the stock may soften up a bit after such huge increases its normal but you will NOT see huge drops, any small drops are from your day or weekly traders with small volumes im sure the people who have purchased large volumes are in to stay.)

 

[Billionaireboys]

Hey guys, i just noticed this company has been doing extremely well, had a strong finish today, i am too very interested in this stock. Makavel u seem to have confidence in your words, i would love to learn more from you. i'll definetately looking at purchasing some of this stock.

 

[CanOz]

ahah listen to this guy i guess you cant nor are capable of understanding a prospectus?

i guess not oh well when it drops like a lead ballon we shall see, if it does happen. Care to put money were your mouth is ?

your choice mate if your not interested dont watch the stock simple.

EVERYONE remember his statment .

dreamer mate. put your money were your mouth is

In fact Makavel i do know how to read a prospectus. When was the last time you saw an unfavourable one? In any case i was merely alluding to the notion that you might know something else of value, like news. Forgive me for thinking that you had information other than what was in the prospectus.

I'll put it on a watchlist, pay attention to the volume and trend and maybe even jump in on a low risk entry point. Other recent IPO's have done well to, namely WTF (i just love that code). I hope it (RDS) does well, but again i'm a bit pessimistic on the upside potential that you marked it for, that’s all. Sorry if i ruffled any feathers.

 

[Makavel]

CanOz i understand your point.

the statment i made was directly was about the share price as in 12 - 18 months alot of companies and people on here relating to other stocks have made comments like that.

unfavourable prospectus well i guess no one would write a prospectus which would make the company go down in value. I mean look at the aus market today down all day and what we are seeing in the RDS share are just the small share holders 700,000 volume its MINIMAL small as compared to the company. So the real believers in the company and the stock are staying in.

WTF haha classic lol

sure there will be opportunities for you to jump in like i said in my last point they will soften a bit after these large increases all stocks and shares do and also finding their support line which is a bit hard to state cause is there is not enought information but i truly belive 45cent - 50cents would be their support like some were.

Trust me if i knew somthing of true value i would make it aware for everyone to benefit. I dont waste investing heavily into stocks i dont belive in and dont have strong fundamentals at the end of the day as we saw today a stock which has strong belief and fundamentals even in a negative market will still continue strong.

You are always going to get these sudden price strikes ie today 70cents were someone was deperate to get in. That mistake cost them buying them at 65cents tommrow when they open.

Today was a huge increase in price i would of thought maybe another 5cents.

what will happen next well (as i get my crystal ball out)

i hope for everyone who purchased them they continue to rise if not settle and soften a little bit and allow others to obtain so real quality stock

Michael

 

[Michael2006]

Interesting thoughts peoples,

Considering the company has

A) An exploration team made equal to that of a large mulitnational
B) The likely hood of developing a world class deposit in a very prospective region.
C) A billion $ deposit only a few KM's away.
D) Rumours of a JV with a large ASX200 company
E) Rumours of Approaches from Overseas companies
F) An aggressive exploration strategy.

In my opinion, why would it not be one of the more appealing new exploration companies around time and time again there a floats with no potential in my opinion its worth the risk and the wait.

Id like any one who disagrees to repsect my opinion and look again in 8 weeks. I feel confident I will talking about each individual share in $;s

In the mean time I am very happy.

 

[Makavel]

Interesting thoughts peoples,

Considering the company has

A) An exploration team made equal to that of a large mulitnational
B) The likely hood of developing a world class deposit in a very prospective region.
C) A billion $ deposit only a few KM's away.
D) Rumours of a JV with a large ASX200 company
E) Rumours of Approaches from Overseas companies
F) An aggressive exploration strategy.

In my opinion, why would it not be one of the more appealing new exploration companies around time and time again there a floats with no potential in my opinion its worth the risk and the wait.

Id like any one who disagrees to repsect my opinion and look again in 8 weeks. I feel confident I will talking about each individual share in $;s

In the mean time I am very happy.

thankyou very much every point you raised just continues on with what i have been saying.

C) A billion $ deposit only a few KM's away. (one of australias biggest and most significant)

 

[Absolutely]

Well looking at the buy/sell depth, I think we have got bugger all chance of getting in at 60c today at least.

So the question is........do we chase it......?

If it is going to $10 then the answer is easy.....

 

[Absolutely]

Christ Makavel

I wish I had listened to you yesterday.....look at this sucker go............

Missed the bus I think..................

 

[Makavel]

i wish everyone had listened to me 2 days ago

people thought i was crazy

honestly if you can buy some stock and hold is for 6-12months or as long as u can you will be very happy im sure no matter wat price you're buying at


these big price jumps are just small investors getting "set" the big ones arnt going anywere

 

[Michael2006]

Last Trade 0.780 Bid 0.780 Offer 0.790

Today's Change 0.130

(20.00%) Open 0.700 Volume 650896
Trading Basis Normal

Today's High 0.820 Today's Low 0.685

 

[Makavel]

to that lead balloon


:shoot:

brilliant day put your helmet on guys. wonder if it was a helium balloon ?

 

[CanOz]

I put it on my watch list at .76. I must admit i wish i would have actually bought it then. Would have made an awesome day trade. Certainly fun watching the action live.

38% in one morning session. There must be some euphoric investors out there now.

 

[audispex]

Interesting thoughts peoples,

Considering the company has

A) An exploration team made equal to that of a large mulitnational
B) The likely hood of developing a world class deposit in a very prospective region.
C) A billion $ deposit only a few KM's away.
D) Rumours of a JV with a large ASX200 company
E) Rumours of Approaches from Overseas companies
F) An aggressive exploration strategy.

Hey Michael2006. I'm holding RDS. It was a speculative buy against what i believe was a stong prospectus. From where i sit nothing has changed.
Last sale 84c.
Is there any sense in this world??? .

 

[Makavel]

yes there is sense for good quality companies and this is one of them.


like i have been saying all along they will soften up a few cents after these huge increases (its only normal) but the support line is going to increase and grow higher.

 

[Billionaireboys]

90CENTS. Wheres the Don at??!?

 

[richdad]

awwwww no way! too late to buy in now huh?

 

[Makavel]

have a look at this afternoon after this crazy increase has calmed down

this afternoon would be a good time to maybe consider purchasing once things have settled.

 

[ALFguy]

The inevitable speeding ticket issued.

Liked the explanation in point 3

It's 4:34 and still can't get a close price from ETrade! What's going on there?

 

[Makavel]

I reckon honestly maybe see how the markets react tomorrow morning and try then i dont think it will reduce much more (maybe soften a few cents) but i would wait and have a look tomorrow morning. You're not going to lose out by waiting and gives you and opportunity to get them at a lower price first thing in the morning.

No matter what price you buy in at like i have been saying for a 12month+ investment and up until then you are looking at great stock prices into the $ region great stock.