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10/08/15
11:21
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Originally posted by bluebottle18
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If Regency have been buying on market they must feel RMR have the right real estate to hit pay dirt. I also believe they have.
I am hoping that this move will see a serious change in management . If so that would add value to the SP.
I am sure that most S/H`s would support such a move. With BG replaced by a respected Chairman with a history of success any further drilling will be met with much more confidence.
An agreement with Regency to fund the next stage of drilling as a J/V say 70/30 in favor of Regency would
keep RMR in the game. For Regency they get 70% of what is found plus see the value of their holding increase..........?
Unfortunately there are very few if any companies that do business that way. Yet it seems a much better deal if you believe in yourself.
Like the legend Smiggs you can try and keep the dream alive.
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See Buxton Resources have announced a new nickel/copper discovery.
They're up 87% this morning.