ROS 0.00% 35.0¢ red october resources limited

Ann: Resignation of Company Secretaries and CFO , page-23

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  1. 1,091 Posts.
    re: Ann: Resignation of Company Secretaries a... Nani

    It is a public thread, both holders and non-holders can post.

    If you go back to the original thread discussing the copper project you will see that I was "interested" in ROS and undertook some research into their prospects.

    Based on MY research I decided not to invest, but do remain interested in ROS and seeing how the story unfolds.

    The great thing about Hotcopper is that it promotes discussion. If everything was positive or negative there would be no point viewing any thread because it would just be one long session of patting each other on the back.

    You will also see that my most recent post to Peterking was anything but "picking on him". I commended him on an excellent/well researched post that promotes discussion and analysis of ROS and their projects.

    Secondly you keep bringing up the point about ROS having secured great assets and what other company has been able to do that within a short period. However, I have stated numerous times that I agree with the "potential" of both projects. I do however have other cocerns which I have detailed previously (and wont repeat here).

    Thirdly I do agree that certain posters do appear to have access to information that others do not. However until the company provides an ASX announcement it is impossible for everything these posters to say to be taken as fact. If anyone was to relie on what one or two posters said on a forum for their investment decision then they are extremely naive IMO.

    Fourthly, if infact someone did by 10% on market then I agree that is a positive outcome/vote of confidence in ROS. (I am happy to point out positives in ROS where they exist IMO).

    Finally the CFO and two company secretaries leaving is significant (IMO). My opinion is that this is negative. However I can see the other side of the coin where posters (such as Nathanblack) have gone to the effort to post the reasons why they believe it is a postivie. As previously stated Hotcopper is for discussion and having alternative views should be viewed as positive IMO.

    P.S. I have also stated that I do not have a fixed view on any stock I am interested in/own. I base/change my investment decisions as new information comes to light and progress is made. If ROS does succeed to the degree some posters are expecting then I will be only too happy to change my sentiment to Buy if my research supports that position.
 
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