just had a lovely conversation with ian scott., page-62

Hi everyone

A nice balanced discussion I have just been reading through this afternoon, its good to see both sides of the coin, and more importantly fair and honest discussion, not blatant ramping or down ramping.

I havent got time to write much, but suffice to say the reason I bought into RSL instead of a company with a jorc resource or 100% proven resources because of:

1. Excellent leases
2. Quality management (incl Ian Scott ex Olympic Dam head)
3. Bugger all Market cap compared to most and way less than most
4. Huge potential for massive capital upside - a share price of 2.5c could be 4c, 10c, etc... on the back on good news
- Paladin, BMN, etc were all at this level or thereabouts at some stage...
5. Iron Ore - results will sometime be provided for their iron ore and gold so any success there, will just catapault the shareprice north

So thats my summary of why I chose RSL over so many stocks on the market

With people selling out of blue chips and mid cap stocks, these kinds of companies offer the best exporure to capital gain, and especially quick rises.

An entry here for me, and a mid range position offers me the possibility of exceptional returns with a risk factor I am certainly comfortable with

Cheers,
Wilson!