canmex takeover of rrs, page-6

Ghost,
I am not an expert at this, I have just had a very good run of returns and stock picks of oil stocks and RRS doesnot stack up in terms of favourable risk return ...
period....
....
I never said I had done heaps of research on this one...
I looked at RRS for a few hours and something that instantly caught my attention was the question, why did canmex not take over RRS instead of gaining a JV? ...
You mention Lundin not wanting to get fully involved at this stage.... well to be honest, 50million JV or approx 70million to take RRS over.... its not a big difference to me...

at that stage when RRS sp was much lower Canmex could have bought this company out taken 100% on all projects, (including mineral) and not have had to pussy foot around with RRS...
there must be a reason...
....
now if you want a stock that is undervalued with upside, check out NWE, 100% undervalued big up, little down...
... rrs is a bad stock in terms of risk return, and the joke is on you Ghost1.... lol....