RIA rialto energy limited

0.205 getting there soon 10c, page-13

  1. 1,957 Posts.
    Pathfinder. It seems you get some enjoyment out of other peoples angst which is a shame. Here is my forecast for two weeks time. If news is great, SP will go to .30 cent range. If it is bad, it may go to low teens. Dont forget they still have a large ammont of cash not yet spent on the program plus 15 million for Accra block, should the opportunity arise. Also, they have announced the FEED progress and have said thid well will be suspended for the future as a producer. Both these pieces of information allude to their being a future and the only basis they have to say those things are from the results from this program to date. Not trying to give anyone false hope. Just gleaning what I can out of the uninformative news releases. My opinion only
 
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