conned by who, page-43

IF AOI and canadians can remain confident to support the SP over there, buying here at fire sale prices is a pure gift.

This was always going to end the same, either zero, or blue sky IMO.

Let me say that again, the target price for RRS is a zero or it is blue sky.

Let me ask one question.

On the assumtion that AOI drill successful and have an oil show, and AOI sp reaches blue sky, what will the RRS sp do?

Same.

And if the AOI sp represents the present precieved value including said risk, then RRS sp should reflect as well.

The fact that is doesn't is only a symptom of the local boarse. We did have a stock market crash, and we did have UBS selling down, and we did have a major exiting, and lemings will throw away their lot as they always do.

If you beleive the AOI can deliver, it doesn't matter what the short term RRS SP is.

Deliver blue sky, or deliver a zero.

That's the risk i understand and take. So if RRS SP is rattled by local events in the short term, how can that change the target price. Zero or Blue.

cheers