could this be the next one to go like white nile speculaors talking about 20p i'm in @ 4p RAB capital have 30% so following thier lead any opinions ????

BUY RGM at 4p now... great potential.

Rather odd to say the least, but for once Miss Hlyeo I tend to agree with you.

In addition to their interest in Oracle, RGM also appear to hold 135M shares in Red Rock Resources (plus Alba Minerals - but they're not worth much) which at today's closing price is worth 15.5m. Additionally, they have their own exploration programme, which may come to nothing, but assuming RRR and Oracle continue to prosper, RGM look seriously undervalued.

Happy for anyone to correct those assumptions.

Your sounding more like cynic every day pt....

Bb, good grief, probably best the old fart is lost in France somewhere!

I forgot to mention that RGM's market cap today is a tad over 20m, of which RRR account for 75% and Oracle 5%, hence the undevalued assumption. Clearly if RRR goes South I would imagine RGM will head in the same direction until their own activities bear fruit (assuming they ever do).

ptholden

I agree, Oracle is trading over 6p RGM paid 5p so are already in profit. If RRR goes to 30p 60p as some are suggesting this looks very undervalued.

bought into RGM on Friday at 4.17p.
I'm already in RRR from a few months ago at 2.25/2.5p so very happy with current sp level hoping that'll go much higher (imho)

Also bought some BOA on Friday.

I'm also in AAU, VOG and VGM which is now a 3.5 bagger for me...so it's all looking good at the moment!.

Interview With Regency's Chairman Andrew Bell Last Fri 13

http://www.miningmaven.com/companies/regency-mines/196-regency-mines-ask-the-oracle

MM: What potential do you see in Oracle Coalfields in the future and how do you view the geopolitical risk?

AB: Do we see the potential for a 50p stock within months of AIM listing? Certainly, and with some confidence. But that will only be a stepping stone.

If Oracle gets to 50p RMG could muti bag on that alone with out news of on Queensland, updates on WA, updates on Mambare,

Gutted my order wasnt filled first thing this morning, but position opened during the early retrace - wait and see time.

ptholden
Also topped up today, this stock has momentum we could be seeing percentage gains every day for the next couple of weeks looking to double at least before the end of the year.

Motoring today could see 5.5p + at the end.

('Regency', 'Regency Mines' or the 'Company')

Update 18 November 2010

http://moneyam.uk-wire.com/cgi-bin/articles/201011181306044349W.html

Driver, whilst I don't expect to see daily gains, I am hopeful of a sustained rise and re-rating of the company / SP. Clearly this will be dependant on their own activities, supported by regular news flow and the comapnies in which they, themselves have invested. I do hope that RRR come up trumps as any slump in their SP will have a real negative effect on RGMs.

I increased my position on Tuesday although still not to the level I originally intended on Monday, both are now in profit.

pt

Motoring again.

Yep..looking good! I'm 60% up on my buy in level from Monday and looks as though there's a lot more to come! (imho)

skyhigh

Like wise 62% up.

Regency Mines PLC Update 1622HRS

http://moneyam.uk-wire.com/cgi-bin/articles/201011191622445362W.html

Nice finish 40% up.

Never a quiet moment with RGM right now and it's becoming increasingly diificult to attribute a SP valuation. RGM's investment in RRR and RRR's investment in Ascot, not to mention the latest RNS which will dilute; problem is, no idea how much until Friday next week! Having said that, will the Market view this latest arrangement as company enhancing (I suspect it will) and if so by how much in mkt cap terms? All very interesting stuff, which may transform RGM over the coming years. As I had never intended to invest long term (two spreadbets) I'll probably be out soon, question is, at how much profit if any at all (certainly won't be a loss though) ? Hmmm........

Splendid.