re: psa coming in canada...prediction Hello Brantley , CANMEX is tightly held and RRS in time will become tightly held,
the accumulation game has been going on for at least the past 3 months,
first there was Findlays then RAB AND FIREBIRD NEXT TOP 5 to 7 holders getting set before AIM LISTING.
IF 3 MONTHS is the time frame given by PSA Agreement, then annoncement regarding JVs
could be very soon, my guess within next 10 days as time is required at least 3 to 4 weeks to apply and produce all the requirements re AIM.
THAT BRINGS THE DATE TO 15TH OF FEB 07 as AIM LISTING ,
RRS WOULD WANT AT LEAST 1 MONTH EXPOSURE TO OVERSEAS FUND MANAGERS before
results of confirmation of oil / is announced,whilst listed on AIM,and meet the PSA DEADLINE.
HOPEFULLY THE 500 MILLION BARELS OF OIL WAS A CONSERVATIVE ESTIMATE AND THE RESERVES NEED UPGRADE.
still no mention of minerals. Will all the potential be unlocked once the accumulation is over.
DAY 1 of the next 10 was a good start
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