I think if they had released this same nes yesterday AM the stock would have increased.... The whole venture is down today some 30+ points... This is relatively a large drop for the venture.

Keep in mind RGC has quite a bit in addition to the jv'd Newman Todd project.

FRG results should be out sometime near month end, likely earily Feb before a news release I bet.

In the meantime the next round of drilling on the Newman Todd is coming soon. I hear it will likely be quite a few more holes.

There may also be another Nevada JV close to a deal... not sure who or terms, but looks promissing. I like the way RGC is using other peoples money to advance the projects, no dilution to RGC required. If they need some cash they can sell a few of their ITH shares to pay the bills.