RFE 0.00% 0.0¢ series 2018-1 reds trust

price collapse explained, page-26

  1. 1,215 Posts.
    Here, Here! I will also re-enter if their OIL assets can become profitable. The price of oil is rising and will always be a good bet. The technology is tried and tested and there is no ill feeling towards oil mining (well I say this with caution - lol).

    Actually to be honest with everyone, I entered Red Fork with the understanding they were an oiler. This "gas" play they had was really secondary. They had just released a 300% increase in Oil Reserves or some such thing and were going to scale up their oil production.

    The next thing you know, there was no massive scale up and GAS became the company focus. A new website came out selling us on Shale Gas and for a while I went along with the hype.

    Get back into OIL D.P!!
 
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