RES 0.00% $4.61 resource generation limited

section 11 approval, page-16

  1. 1,352 Posts.
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    Hi Dave,

    No I didn't listen to it mate my apologise (I'll listen to if tonight).

    However there is still a lot of crap posted on the FSE thread.

    I'm not wanting to get into the debate between FSE & RES (as I like them both & was a holder of FSE for a couple of years before I ran out of patience - I couldn't sit and wait for both RES & FSE to get their sh&t together so I chose to sell FSE & sit on RES mainly because of PJ & his track record).

    I'll give you an example of a crap post (only because you asked for one) but I'm not wanting to slam FSE, just making a note that there are some crap posts made still like this blatant ramp courtesy of pluckster:

    "Smitspan is to yield 7.1mtpa for 21 years. At a sale price of 100USD (high estimate) with 10% profit margin (low estimate) gives total profit 1.4bnUSD or 43.75cents per share (3.2bn shares) or 2.2cents per share per year which gives a P:E ratio of 1.4 at current price of share. Could the opportunity be any more golden? Where is the downside risk here? RSA needs more electricity. They have to burn coal in the Medupi Power Station from Feb 2012 cos its half way built and FSE will be supplying it.....and then afterwards we have the other 5 farms to dig up. AM I DELUDING MYSELF HERE? Whoops - too late I just hit the EXECUTE TRADE button....on the BUY side."
 
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