Thx U-Bull for the negatives. I do agree that this will take time and money to drill.
But aren't we looking to find a position in a speccy stock, isn't that we are doing here to make money from a stock that has potential and which can turn the investment dollar into something more.
You could say every speccy stock has and started from the same beginnings.
I am not sure if RSL will be the next PDN and really that is irrelevant. The thing that joins PDN and R together is that they are excercising their mining drill in the same area, now that doesn't mean they will find the same it just means that they is an increased probability that if PDN has a good track record with bringing U to market from the ground they are exploring then so does RSL. This is what speculation is all about.
Now to deal with the fact that their Australia tenements may not be in a favourable U mining state. There is a gloal shift and understanding that uranium is more effiecient and much safer than the pre Chenobyl days. The general Australian public is not shielded from this and slowly we will see that we have something very unique that will transform the energy landscape. Politcs and political agendas change all the time and at some stage in the future there will be a different policy than what is presently in place.
Will RSL be ready for when that happens, who knows but the point is if they don't een put a batter on the pitch then why bother at all.
Every company has to start from somewhere and inturn have some vision. This may not be the best company in respect to future earnings but to have some wrapped up to hedge the reality that they do is not such a bad thing. Now I degress into sometime further to trading and investing so will stop.
Thankyou for you thoughts which ever they lean, and all I was saying is if posters are running at the mouth with too much hype it is the way you present the other side that matters. Just think about it and don't get to emotional, hmmm why would you care anyway you aren't investing in RSL!!!
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