where are the buyers, page-24

Rameez - I want Wobbly to do the resource upgrade. By the way did they buy the new ground without a resource review being conducted as a part of their due diligence - meh.

Soredawg - "Strange investment choice. So if neither is brilliant, what is the positive of your investment ?"

The positive of my investment is that I am in profit. These last few years I'm haven't normally been a speccie buy and hold type of guy - far from it - so its all just dandy. I just happened upon a few speccies in the 1st 1/4 of last calender year - this was one of them. Another positive is I haven't topped up - hey.

Other than that this one has been a complete debacle and more fool me to have held it all the way up and back down again. Regretfully, I guess, for a few of you I refuse to ramp the guts out of it when the evidence suggests otherwise - there is no desperation in my disposal approach - not that we muggsy's here on HC influence price too much on average.

I'm happy to admit the error in my way, happy to admit I believed the rubbish management put out mid to late last year - how about you - how do you rate your judgement in respect to this coy? Remember when it was "ridiculously oversold" 12 months ago at $1.06 and "great value buying at these levels". Remember when its chart was "like BOW" last December. Remember when you reckoned RFE had 4 rigs going at it in April. LOL 4 rigs!!!! Its a jolly 6 desk company - no less.

I suspect I've given RFE a fair assessment - on both sides of the argument - and have vehemently defended it in the face of critisism - the critics got it right though - management cannot/will not deliver. The true believers though are manna from heaven for the directors.

Anyway - I'm hanging around mate - but will dump into the next substatial rally, which will come. I won't be on my own with that, to be sure. I will assess the coy as I actually see it until then - not how I would like to see it. I'd call it positive if it was.

Ummm - go RFE go