RDS - Redstone Resources

purehell · 1 November 2006

what ??? the volatility is due to stock holders who were expecting more from the ann it also shows that people cant read what they have announced people were expecting a JV if you read and can UNDERSTAND the results you will see they are huge compared to even property BHP have or ever wanted you cant make you assumptions just on what people post here.

Well just think of this thing you call knee jerk as an opp for you to buy stock.

Young Gun · 1 November 2006

what ??? the volatility is due to stock holders who were expecting more from the ann it also shows that people cant read what they have announced people were expecting a JV if you read and can UNDERSTAND the results you will see they are huge compared to even property BHP have or ever wanted you cant make you assumptions just on what people post here.

Well just think of this thing you call knee jerk as an opp for you to buy stock.

Isnt that what I just said, the market was expecting more than the company announcement gave? As in progess I mean any JV or further details of drilling operations. You just re worded what I just said.

And yes the knee jerk reaction does present a good buying opportunity. I wouldnt pay more than sub $0.60 because the stock has support or just below this barrier therefore obviously the risks are reduced.

BSD · 2 November 2006

Michael2006 said:
However I do strongly feel it is likely RDS will JV with BHP or a Chinese consortium, you only have to wonder why there has been no significant announcements yet.

Not bad for a company who is yet to drill a hole. Amazing how the seed investors didn't approach BHP/OXR etc before diluting themselves.

I started looking at this one after getting 'hot tip' from a pretty sage punter.

30m shares on issue with plenty of oppies floating around - all the talk on here of share being worth $'s and not c's has put me off completely. I think it is right for some to doubt some of the loose claims being thrown around.

Anytime you hear "Olympic Dam style" or "Voisey's Bay style" - get ready to run.

It could be a cracker and has plenty going for it - but a lot of drilling needs to be done and plently of placements will follow.

It still fascinates me this thread is longer than the RIO one.

purehell · 3 November 2006

BSD said:
Not bad for a company who is yet to drill a hole. Amazing how the seed investors didn't approach BHP/OXR etc before diluting themselves.

I started looking at this one after getting 'hot tip' from a pretty sage punter.

30m shares on issue with plenty of oppies floating around - all the talk on here of share being worth $'s and not c's has put me off completely. I think it is right for some to doubt some of the loose claims being thrown around.

Anytime you hear "Olympic Dam style" or "Voisey's Bay style" - get ready to run.

It could be a cracker and has plenty going for it - but a lot of drilling needs to be done and plently of placements will follow.

It still fascinates me this thread is longer than the RIO one.

first off who cares if the thread is longer then RIOS wat is that ment to mean. You must hold rio shares then eh good for you mate? Doubt by users such as youself is based on not being able to read and understand the information in the prospectus and the ann they released the other day. i say lets give its another 4 or so months and then u and me will have this convo again.

BSD · 3 November 2006

purehell said:
first off who cares if the thread is longer then RIOS wat is that ment to mean. You must hold rio shares then eh good for you mate? Doubt by users such as youself is based on not being able to read and understand the information in the prospectus and the ann they released the other day. i say lets give its another 4 or so months and then u and me will have this convo again.

You and I mate, You and I.

Apparently I cant read a prospectus - so point me to the bit that mentions why the seed investors diluted themselves if the majors and 'Chinese Consortiums' were so excited?

yogi-in-oz · 4 November 2006

Hi folks,

Let's bring RDS up to the barrier this week,
as there's a positive time cycle due to come
into play, late in the week ..... hopefully,
enough to get us across the line, with a profit .....

many thanks

yogi

P.S. ..... RMA may also respond to a similar cycle, this week ???

=====

Alfredbra · 5 November 2006

LOL one lesson learnt, dont bag RDS stock! I myself hold and can tell you anything under 70c is a bargain! been trying to pick some more up around 65c but have missed out the last few times!

kevro · 10 November 2006

Must be days away from an definative ann on this now.We are back over .70c now after a low volume sell down. Well over 3 months since listing and nothing substantial to date except for legal announcements. Still holding an SP of over .70c after 3 months after listing at .25c.

Absolutely · 19 December 2006

This is going to get a speeding ticket for sure.

Stinger · 19 December 2006

I heard a rumour they have positive drilling results. Maybe these could be on the way.

Absolutely · 19 December 2006

They've got positive something - don't think it has finished yet.

Actually I didn't think they had started drilling yet.....?

Stinger · 19 December 2006

They had been sampling etc but not sure about the drilling. Like i said i just heard it, nothing to back up the statement

Absolutely · 19 December 2006

What I like about this little run is that it hasn't brought to many sellers in to the game.

RDS has been sitting around 70c for months and you would think that many traders would see this run up to 80c as an opportunity to get out. But despite the fast run up this morning sellers seem to have thinned out even further.

Good indication of the long term view taken for this stock which must bode well for future price movement.

Stinger · 19 December 2006

Just went into pre-open.

Possibly a speeding ticket from the ASX.

Lert · 19 December 2006

If Voisey Bay is not mentioned at least once I will eat my hat..

mrWoodo · 19 December 2006

Hmmm, this one hovers around 0.7 for 2 months. Then rockets up 16% just before a trading halt................ Okay fair enough the last hour or two was prob ppl reading this thread and others like it and taking a risk, but who started it ?

I'm just disgruntled cos I got sick of waiting and sold out yesterday

nuwave · 19 December 2006

I bought these when they floated at 25c, I was tempted to sell when they rocketed to over $1 back in August, but I think this announcement (hopefully tomorrow) will be the one the shareholders are waiting for.

Stinger · 19 December 2006

Not sure of what others think, but if this is a good announcement tomorrow i think in a few months the prices will continue to rise and investors really have the ability to make big $$$.

I think they announcement on Thursday is the key though, whether it be results or a JV etc.

I was in at the IPO too but sold out in the first few days. Have gradually bought back more and more in the past few months and am looking forward to Thursdays announcement

Lert · 19 December 2006

I too was in at the IPO and have held since then.. Cant imagine it is bad news at this stage.. Who would announce "During preliminary exploration we didn't find anything" ?

nuwave · 19 December 2006

I think the announcement should be pretty positive, lets face it they are on some pretty fine land. In my opinion I don't think this announcement will be the JV we were all thinking, that may come later!!

RDS - Redstone Resources

Similar threads

Privacy & Transparency

Privacy & Transparency