If I end up eating humble pie then so be it. I'm big enough to admit when i am wrong. I've commented on Firestone purely for the purposes of peer comparison. I just think of the two, RES is the more attractive currently, based on the two companies achievements and apparant backing over the past 12-18 months.
The 90 hole drilling program undertaken by RES earlier this year, says to me that they are intent on being a serious player. The 6 or 7 holes programs that Firestone have been drilling per quarter just don't suggest the same amount of ambition or know how. I'm not just bagging them for the hell of it. If I was a Firestone shareholder I would be seriously concerned about their comparable lack of progress.
RES Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held