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RSX Resaca

2.69
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Resaca RSX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.69 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.69
more quote information »

Resaca RSX Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 30/3/2006 13:24 by red ninja
Nice boost in price today with some chunk buys.

Has RSX been tipped I wonder.
Posted at 20/1/2006 15:26 by bots24
regarding the RNS this afternoon for a reverse takeover

Any ideas about there process of extracting crude oil from shale oil deposits ?
seem to recall some1 tried a steam injection but without success.

I believe the largest shale oil deposits in the world are situated in Canada IF RSX can crack this process in a commercial form this would surely drive the price of crude down.... as it opens the flood gates to additional new stable oil sources, however by possible driving down the price of crude will this make the project uneconomic...........
Posted at 05/8/2005 17:29 by responsible lad
Hi English Biglls,

I bought £750 worth of RSX yesterday because the name, market capital and the price rise reminded me of Ascent Resources. This is all the information I know about the company, which was anounced after market close today:


Acquisition

RNS Number:8196P
Resmex plc
05 August 2005


5 August 2005
Resmex plc ("Resmex" or "the Company")

Acquisition

Resmex announces that it has acquired the entire share capital of Sermines de
Mexico S.A.de C.V. ("Sermines"), a company which owns mineral exploration rights
to assets in the North of Senora Province in Mexico, for a consideration of
US$150,000. The consideration will be satisfied by way of US$150,000 in cash.

Sermines was formed in November 2005 and has had no material trading to date.
Other than as detailed in this announcement, Sermines has no significant assets
or liabilities.

An independent assessment and valuation of the fair market value of the mineral
exploration assets of Sermines de Mexico S.A. de C.V. was prepared by Dr John W.
Cottle who is Principal of the Australian based international geological
consulting firm, Cotlco Pty Ltd. Dr Cottle is a Fellow and Chartered
Professional of the Australasian Institute of Mining and Metallurgy (AusIMM).
Dr. Cottle meets the requirements of a competent person in accordance with the
Joint Ore Reserves Committee (JORC) guidelines on the Australasian Code for the
Reporting of Mineral Resources and Ore Reserves (2004), and is an 'Expert' and/
or 'Specialist' in terms of the Australasian Institute of Mining and Metallurgy
(AusIMM) Valmin code (1998).

The study was completed within a binding agreement between Cotlco Pty Ltd,
Resmex plc and Brooking Enterprises Ltd and the full form report is titled
'Sermines de Mexico S.A. de C.V. - Independent Mineral Asset Valuation for
Resmex PLC prepared by Cotlco Pty Ltd (ABN 94 182 764 052)' and dated May 2005.
With consideration of the concessions tenure status, geological environment,
neighbouring gold discovery successes, past exploration applications and
financial expenditures and future exploration proposals, Cotlco Pty Ltd
concludes that the fair market value of the mineral exploration assets of
Sermines de Mexico S.A. de C.V. ranges between AUD$ 0.2m and AUD$ 0.3m.

Dr John W. Cottle has consented to the use of the above information in the form
in which it appears.



This information is provided by RNS
The company news service from the London Stock Exchange

END
ACQUVSNRVSRWRAR
Posted at 05/8/2005 17:26 by english bigblls
RL,

What do RSX actually do?

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