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 ????

its only by good fortune that i was off y'day else i would have missed the boat.

I will wait for tomorrow again... looks weak at the mo.

RRR and RGM both down today... looking for better price ? 5-6p for RGM

Charts looking better, possible blue tomorrow.

RGM looks stabilising at the mo.

Waiting for announcements any time now from RGM or RRR before the end of this week.

A lot of buys showing as sells mine did.

Topped up today on the dip very nice.

Sold mine yesterday morning before it dipped at just below 8p, annoyed I didn't dump in the 9s during Monday, but hey ho. I'll perhaps buy back in when this DNi business is sorted out and how much dilution is on the cards.

Driver and ptholden on one thread, long-time no see

Andy

Hi Andy long time, you should be on these two (RRR RMG) with your experience.

Hey, Andy, how's life? Doing ok I trust?

OK, business going well, share trading was bad in 2008 like most people but learnt some lessons, 2010 been good though, doubled money so far and looking for next bargain to boost my profits

Well done Andy.

Not sure where RGM's SP is going next, a RNS was promised for this week, I would expect anytime soon this PM. Unless the DNi partnership is considered a real company maker (which it might be) I would expect the 30% ish dilution to kick in either today or next week. I suspect there will be plenty of time to buy back in once the mist clears. I for one would love to get back in between 4p and 5p.

More likely to get on RRR than RMG I think based upon this dilution issue. Watched RRR at 6-7p whilst researching and then it shot up whilst I was away, bugger. RRR seems steady at 15-16p, wish I'd seen the dip to 13p the other day, still deciding whether 15-16p is a bit rich and whether potential is much higher. Been making my money on CHL, PTR and ETO this year but banked profits recently and looking for next investment having also been in and out of PGD for small profit this week, sometimes trading is as profitable as investing. Also did some trading recently on GGG making quick gains but it also looks good for long term investment.

TD Waterhouse clients

"Finally, Regency Mines (RGM) joined its associated company Red Rock Resources (RRR) in the top ten buys and sells, placing seventh among the buys and eighth among the sells, after both companies announced new investment plans. Regency will invest in Papua New Guinea's Direct Nickel Ltd, while Red Rock will invest in Central America-focused Ascot Mining."

http://www.easier.com/80963-td-waterhouse-ireland-debt-crisis.html

TD Waterhouse clients

"Finally, Regency Mines (RGM) joined its associated company Red Rock Resources (RRR) in the top ten buys and sells, placing seventh among the buys and eighth among the sells, after both companies announced new investment plans. Regency will invest in Papua New Guinea's Direct Nickel Ltd, while Red Rock will invest in Central America-focused Ascot Mining."

http://www.easier.com/80963-td-waterhouse-ireland-debt-crisis.html

Regency in 2m loan to finance Oracle stake

The company said it now expected to make a fuller announcement on Mambare and its investment in Direct Nickel Pty Ltd later today.


http://www.moneyam.com/action/news/showArticle?id=4019555

New Finace Video Direct Nickel (DNi) Talking about the Regency Deal

(Click On The Chairman Julian Malnic To Start Vid)



http://www.abnnewswire.net/press/en/64292/Direct-Nickel

Media Release: 29 November 2010

Direct Nickel Limited Announces $6m investment by JV partner Regency Mines plc and acceleration of its exploration program on Mambare Nickel
Project in PNG Regency Mines plc invests $6m in Direct Nickel Limited placement Direct Nickel and Regency Mines to each spend $1.6m in laterite nickel exploration on PNG project
Direct Nickel building Demonstration plant in Perth, WA Today Direct Nickel Limited (DNi) announced it will receive $6m in investment from its PNG joint venture partner Regency Mines (Regency) with the transaction being completed in two tranches over the coming weeks. The investment substantially fills DNis $10m open offering. Direct Nickel is a privately-owned, Sydney-based nickel company currently demonstrating a potentially revolutionary process with attractive economics for treating laterite nickel ores. The placement sets the Companys value at $75m, and reaffirms the June 2010 transaction where CSIRO committed to ~$2m equity investment at the same valuation. The CSIRO is Australias
premier scientific organisation. Regency and DNi are 50:50 joint venture partners in the Mambare Nickel Project where pitting and drilling has previously been estimated to contain 5- 7 million tonnes of nickel. The project is located 85km West of the port of Oro Bay, Oro Province with unusually good access facilities by PNG standards. It lies 100km Northeast of PNGs national capital, Port Moresby. Both parties will now each spend ~$1.6m to immediately advance the drilling and definition of the resource. Work will be managed by a joint Operating Committee with DNi taking on the role of Operator. DNi management is familiar with the PNG working environment through their building of Nautilus Minerals Inc (TSX:NUS) which has been PNGs leading mineral explorer for a number of years. Recently released airborne geophysical data covering the Mambare area was collected for the Papua New Guinea Government and has guided a revision
of the exploration and drill programme. The partners first announced a joint venture co-operation on 6 November 2009 with a commitment to pilot and apply DNi's advanced nickel-cobalt
extraction technology. With the demonstration of the Direct Nickel Process reagent recycling circuit completed in August at its facility in Charlotte, North
Carolina, DNi is now in the final design phase for the building of a Demonstration Plant at Waterford, Perth. A joint technical team of the DNi and the CSIRO will build a Direct Nickel
prototype facility to process one to five tonnes a day of ore from various deposits in which DNi has equity participation. DNi has engaged respected Perth engineering firm GR Engineering Services to support the final design phase for building a Demonstration Plant at Waterford, Perth. Regency's investment of $6m will be in two equal tranches of $3m with the
first for payment on 26 November 2010 and the second for payment by 19 December. The consideration will be settled by the issue of new shares in Regency, at a price equivalent to the volume-weighted average share price of Regency for the five trading days up to and the five trading days after 18 November 2010. The existing agreements and understandings between the parties in relation to the joint venture are not superseded and continue to guide the parties in their conduct, and over the next weeks the parties will consider, revise, and
adapt the detailed documentation laying out the next stages. Regency made an announcement to the London Stock Exchange on 19 November 2010 following movement in is share price, and further announcements are expected from Regency shortly. Regencys investment substantially fills the total $10m placement on offer in Direct Nickel. The Company is now resolved to fill the remaining $4m and to bring forward its exploration programs. (All figures are in US dollars)