toyota punters in puntland, page-23

re: punters in puntland ? mrjn,

Its still very early days...the potential is there, but like always its a very high risk, with very high rewards. lets see what Monday brings...

If its the rights issues...many here will tell you of the number of shares on issue, and yes it is alot (fully diluted 1.7B shares)...I usually target companies with small cap & under 150M shares on issue...For me Range is an exception to my personal rule.

What matters is market cap...and how you value the resources under RRS' control...

How I value the company is neither here nor there. In the end valuations are matters of opinion. If RRS passes all the obsticles...and resources get proven in Somalia. Then a $2.00 SP over the next 2-5 years is very realistic.

The downrampers are going to laugh...they also did the same with OXR, PDN, HDN, etc...They'll also tell you its a conspiracy so I can get out at a higher price, guess what the price is higher and I'm still here!