RES 0.00% $4.61 resource generation limited

$80 a case for heineken or $40 for tooheys new

  1. 5,173 Posts.
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    Obama is similiar as Gillard and Rudd. (All three economy ruiners) Obama is definately gone next election. China and India and every other third world will continue to buy coal. If they don't, watch every economy around the world destruct as coal is a cheap source of power and if people can't afford power, well, let's just say that the economy is in a predictable movement in a downward motion.

    Like all things, if Heineken was $40 a case then increased to $80 a case, you'd go back to Tooheys new for $40 a case. That's the million dollar question. Hey, I drink expensive piss, own a wine company and drop my prices when people are hurting, I also drop the quality to price demand. I'll fill the bottles with coal if it tastes ok, but Coca Cola do that.

    For years we have had cheap power, we converted to gas, now our power bills have risen 30-50%. It certainly isn't getting easier. My wife wouldn't know about power increases and I'm sure yours don't either.

    For me, I couldn't give a sheet if we were running gas or electricity in my place. The average Joe does. Average Joe would elect Coal anyday of the week if he/she could reduce their price by 30-50%.

    I bought some more shares today, (not many) to help some sucker that sold. I'm a nice guy like that. I'll buy a few more and a few more. That's just the way I like to help society.

    Mark my words, there will be a new story on RES in the coming weeks....IMO. It's time. RES team, you only have a few weeks before a major announcement, so get cracking and sell the beach house....
 
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