When the dust settles and the well informed do their sums you will realise that you missed a good one.
Bullshit.
YET AGAIN...ROY have wandered off on a tangent, as they have so often done in the past. They floated as an IO play, fell in love with U in the US....then it was IO further north in the Pilbara when they won tenements from Reinhart in a ballot...then they did a dodgy purchase of some U tenements in NT off an Australian company listed on the Canadian exchange but whose Secretary happens to be the same as ROY's (i.e: help out your bankrupt mates and throw them a few dollars for lousy tenements that had already been drilled - only to find...NOTHING)...then ROY stumps up cash to restructure the U deals in the US ad now....here they are OFF AGAIN with yet ANOTHER new "significant corporate txn".
Why doesn't this company JUST DO SOMETHING...ANYTHING.
This nonsense has gone on far too long....and don't forget...despite THX's "moment in the sun" at present....it has a very similar track record to ROY in terms of meandering along from one project to another WITHOUT EVER producing any real shareholder wealth.
It is all just bullshit.
Coop
MFE Price at posting:
7.5¢ Sentiment: LT Sell Disclosure: Not Held
