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 ????

Hi Pisces,

Seems as though you timed that well with the news at RRR today driving the value of RGM up. On PLUS they closed at 3.25 offer.

Cheers moneyman,hopefully the start of an upward trend with a steady stream of news over the coming months from both companies.Have set a price target of 10p on rgm who i think have been very shrewd investing in redrock and once in production i think they could fly.For the life of me cannot understand the lack of interest in both companies but only time will tell.Do you hold any of the two at present?

Cannot tell you my sources but you may want to have a good luck at BLR before June this year, information i have just received could see them double very quickly.

Have held RGM since the float and also hold BLR where I expect news soon.

Some further detail

http://metalsplace.com/metalsnews/?a=11379

Chart looks like it may breakout.

Looks like it has broken out now with good buying on both PLUS and LSE

Moneyman hi,have just about doubled my money in 2 weeks, would you topslice the initial investment or hold on for a while because at some point there will be a correction after recent run.Still looks like a good investment though with news in the near future plus there exposure to RRR.

wdurham - 27 Apr'07 - 16:15 - 139 of 141


The opportunity here for Regency is the same as it was at Rusina a year or so ago, and at TMC's Berong several years ago, when their resources too were unproven.

A possible timetable for Regency might be:

Start with a DSO for the low grade limonite and ride the nickel pig-iron boom for as long as it lasts. Upgrade that to the higher grade limonite a few metres lower once they have that proved up and can ship reliable grade. Upgrade yet again once they have defined a tonnage and grade for the saprolite and can ship that at a reliable grade of 2+%.

All this provides cash flow which finances further ddevelopment leading to eventual establishment of on-site processing facilities of one kind or another, at which point the real profits begin.

And in the meantime there's all the other stuff......

RGM starting to look very interesting now. Seems to be appearing on more peoples radars.

Looks like we have people taking a position in the stock.

Again good buying on both LSE and PLUS with trades being delayed 2 hours !

Keeps on moving now

LSE 3.5/3.75
PLUS 3.5/4.0

http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=19473&sn=Detail


http://www.resourceinvestor.com/pebble.asp?relid=10767


http://prinnytoo.tripod.com/

Look at this one go!! glad I bought in a couple of weeks ago now Barclays has upped its stake to 5%. surprised to see so little interest in RGM.

Excellent RGM article here..

http://www.proactiveinvestors.co.uk/articles/article.php?RGM


"...The jewel in Regencys crown is currently the 584 square kilometre Mambare nickel laterite project in Papua New Guinea which is located at 800 metres altitude on a plateau just north of Kokoda (which the historians among you may know better as the site of a number of world war two battles and campaigns). Parts of the area have been explored for nickel since the 1960s, and in 1999 Anaconda Nickel Ltd (now Minara Resources) reviewed the data on a 158 square kilometre section of the project and estimated that the limonite laterite which lies under 3 to 5 metres of ash overburden contains at least 200 million tonnes of ore with 1% nickel, 50% iron ore and 0.1% cobalt. The saprolite layer beneath has not yet been extensively drilled, but preliminary estimates by Regency suggest that this could contain a further 200 million tonnes grading 1.25 to 1.5% nickel. If correct these estimates would rank Mambare as a large scale producer, with a potential resource, according to Andrew Bell, of 25bn..."

Been watching for the last two weeks and still not in the only cancellation I think it has rubbed on to my INDY up 16.67% today.

Both companies move up on very small volume.

very good looking chart, albeit only since april and even if rsi is now top heavy ...... too small for (me) CFDs and as always with these minuscule stocks, tread warily as they are illiquid

exciting at the moment though!! just sold HAWK to add here fingers crossed this rise continues on the back of tmc. ALD is another which is only just beginning-largest nickel mine in china! PMHL--largest cement maker in china is another yet to take off!

yup .... saw and posted that article in Sunday Times ...... PMHL looks a much better prospect to me that WCC as it is already profitable and even paying divis!

was just looking up this thread to add a chart, but no need with Mr.C's above....
surely racing ahead of moving ave's and overbought, time for a re-tracement to 6p area???