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 ????

gibby, I do quite like what Mr Bell is doing here, but the fact remains, they are not creating revenue yet and won't be for sometime. I am also a little wary of the fact RGM's biggest investment (thus far) is in one of his own companies. There is significant inter-related activity here, all under the control of one person. It's perhaps a concern I shouldn't be worrying about, but then, I'm a cautious chap.

DNi note out and dilution considerably less than I expected, good news for RGM holders I should think.

pth - yes - dont forget other inter related companies such as ggp, cue etc - nothing wrong with being cautious - but do not see it as a major concern - maybe even a positive - knowledge share, synergies, partnerships etc etc

gl

Happy to hold, DNi, Oracle and news soon from RRR on start up of Gold production. The Potential is massive for RGM 40P target for 2011

Does anyone know why RGM have dropped so much today and so many sold.

3 monkies

Its being traded selling high and buying back in after yesterdays hike, Im happy to just hold.

Dear Shareholders and Colleagues,

I am sure you are aware of our significant shareholding in Paraguayan uranium explorer Cue Resources Inc., the price of which has been strong recently. The link to their website is http://www.cue-resources.com/s/Stock_Info.asp

Backing Cue and its management have been an important plank of our uranium strategy, which we also pursue through our controlling stake in Resource Star Ltd (ASX: RSL).

John Icke of Cue is in town for Mines and Money, while his team continue drilling at Yuty. He is coming in to our office and will be hosting an investor phone-in at 9 a.m. tomorrow, Wednesday December 1st. So if you are immobilised at home by snow, all is not lost: you can occupy yourself productively by picking up your phone and joining in!

Cue is at a most interesting stage, as is the whole uranium market, and we are optimistic of the prospects of them expanding their NI 43-101 declared Resource at Yuty as they continue to roll out their exploration programme. This project has always attracted major company involvement, and if the Resource can be increased further, it will be at the size where it could be expected to attract a lot of attention.

We enclose a copy of the latest presentation, which you will find it helpful to have to hand if you call in.

Please dial into the conference on one of the numbers below. Enter the PIN Code 213129# when prompted:

Dial In Numbers
Freephone No: 844 822 2304
International No: +44 (0) 20 8322 2500

Meeting Zone No: 0808 109 5644



The following call controls are available from your phone keypad:

Yours,



Andrew Bell

Follow the Cue link above then click on Presentations to view

Driver,

"The Potential is massive for RGM 40P target for 2011" .... is this an estimation from elsewhere or is this yours (& if so, how is the 40p arrived at?)- thanks



Paid 9p for a top up yesterday (first buy level was 4p a few weeks ago)

....gutted that it's retraced but I'm in for the med/long term and confident that the sp will go to much higher levels....good story developing here (imo)

skyhigh

With RRR soon to be in Gold production and the Ascot deal plus Cue AB want to see a M/Cap of 500m for RRR about 75P a share IMO this could happen, that would be 20p on RMGs sp without DNi,and Oracle 40p here is achievable IMO.

Thanks Driver...well put.

That's good anough for me.... and confirms my intention to hold both for the long term.

also bought some OTC this morning and already in profit...waiting for BAO also to go north!

74th Minesite Forum

"7th December 2010


Armourers' Hall, 81 Coleman Street, EC2R 5BJ
(nearest tube station is Moorgate)

Registration - 9am
Presentations beginning at 9.30am

Regency Mines, through a diverse portfolio, has exposure to various commodities throughout the world, including coal in Pakistan, nickel in Papua New Guinea, and nickel, copper, and gold in Australia. It also owns just under 21 per cent of sister company Red Rock Resources, which is on the cusp of gold production in Central America, and which also has interests in manganese, iron ore and uranium. Regencys most recent deal involved a 1m investment in PLUS-traded Oracle Coalfields, which will shortly move to Aim."

74th Minesite Mining Forum - Regency Mines Plc 7 Dec 2010

http://clients.westminster-digital.co.uk/minesite/microsite/events/74/video/index.aspx?companyid=74_1

This is starting to look very cheap at this price with all the news from RRR and RGMs own news Re Oracle and DNi to come at the beginning of the New Year.

Regency Mines PLC
Issue of Equity

http://moneyam.uk-wire.com/cgi-bin/articles/201012141716029616X.html

Latest interview with A. Bell on RGM.

http://www.youtube.com/watch?v=myXaMNdEvE8

Pakistan coal move cheers Oracle
Article Date: Dec 22 2010

Advertisements for companies to put at least $150 million (97 million) each into Pakistan'sThar coalfield have pleased Thar hopeful Oracle Coalfields. Placed in various newspapers in London and elsewhere by the government of Sindh Province, which holds the Thar lignite (brown coal) deposits, the ads offer stakes in Thar blocks 1, 111B, 1V and V11, each of which is thought to to contain potential resources of a billion tonnes.

Oracle Coalfields, traded on PLUS and steered by Pakistani entrepreneur Shahrukh Khan, is interested in Thar's Block V1, with reserves of 371 million tonnes and claimed potential resources of1.4 billion tonnes, to feed Pakistan's power-hungry home market. Khan, who argues Oracle has a two and half-year lead on new entrants, talks of a bankable feasibility study this year, followed by financing of the 200 million project and development starting in 2012.

AIM-quoted Regency Mines recently paid 1 million at 5.5p for 11.3 per cent of Oracle, whose shares are strong at 7.125p (with a 0.75p spread), valuing the company at 3.1 million. Oracle, which has had several fundraisings on PLUS and will no doubt come back for more if Thar develops as projected, has a long-mooted AIM move under consideration, but Khan will not commit himself to a timetable.

The shares are clearly speculative and Pakistan presents undoubted perceived political risk, though Sindh has been relatively trouble-free, as well as offering major possible future opportunities. But the gamble could eventually pay off handsomely if all does go well.

http://www.growthbusiness.co.uk/news/smallcap-spotlight/1307993/pakistan-coal-move-cheers-oracle-.thtml

At the mid price of 7.1p, RGM's investment in Oracle is already showing a profit of 300,000. Although clearly a very speculative stock the investments in Oracle and DNI, underpinned by association with RRR may have a real positive impact on RGM's SP during 2011. As Cynic would say, money married to mouth (big, some would say) at 6.2p. Second time for me having bought in previously at 5p and sold at 8p.

Incidentally, watching L2 this morning and someone (or someones) is buying stock directly through the book in 100,000 & 200,000 tranches but because they are AT trades, they're being reported as sells.

ptholden
Welcome back, you got it right when you said it would drop back, RGM is looking very positive for 2011.

Driver

Unfortunately I missed the 10p, but hey ho, still a nice profit banked.

Hopefully, we'll see Oracle listed on AIM next year, which is really a bare minimum expectation for RGM's investment.

Also need to see RGM making some billy big steps in becoming a resource producer in their own right; might as well invest directly in Oracle or RRR otherwise.

excellent forward looking statement released today.

onwards and upwards.

buy and HOLD imo.