Ann: Trinidad Update , page-9

Pmcain.
World stock was set up by RUM. So there is no surprise that you got that treatment. Many others have been handed the same of asking questions.

Not sure if you have been following the UK investor's but a number have set up a UK RRL group backed by a large co-op of investors shares to get some answers out of Ol pete.

I was a bit skeptical of this at first as something similar was tried on CCC and turned out to be a top 20 holder that was right there at the con cept of that little nightmare and clearly didn't like the fact the VMR now had the numbers and their little gravy train was over.

RIG seem to be straight up. Asking some hard questions.

RIG thought they had organized the early release of a Q statement with management.
You will see that in true Range form. They now get nothing but just excuses.

RIG were told RBL money before Xmas.
Texas before Xmas.

So "contemptuous" from halberd45 post is a very good word to use in regard to Range.

http://www.worldstocks.co.uk/forum/viewtopic.php?f=29&t=7381&p=62524#p62524

halherd45

Does Range deserves anything but "contemptuous applause" when in Aug they clearly state Texas money on or before 30 Aug and then tack on the release of 106m shares?

Does Range deserves anything but "contemptuous applause" when now stating on Nov 26 That 65 wells would be drilled in 24 months and then tack on the release of 98m shares.

Certificate of Environmental Clearance and the same day 12m shares are released just a week after moving shares from 7.1a to 7.1 ?

"Contemptuous applause" for raising money with YA Global (who are death to any company's share price) for a Merge with IPO.
Lending money to a broke company with a director (Sage) who has had his offices raided by the Federal police and another director(Timis) who is a convicted heron dealer and banded on a number of exchanges!
The same IPO that was International goldfields with Michael George Povey, Timothy Paul Turner and Jane Flegg on the board. (All RRS current or passed board members)

Should we offer anything but "Contemptuous applause" when they now state 9000bopd in 2015. Then they have failed every guidance they have ever given. I might remind you that TT was suppose to be at 4000bopd by now.
According to TT gov report it's barely 900bopd (Sept)

After paying $52m (Shares issues so would of cost a lot more than this) for TT through Monitor (Sage connection) spending Millions of dollars over 3 year and having only increased TT by 200bopd from the original 700bopb in 2010.
It's still not covering costs. Worst. The wells they do have are reducing in flow rates quickly.

RRS gets very little attention on HC now. Most seem to stop by to view the car wreck RRS now this. So posters have nothing to do with it.

The state of RRS lays squarely at the feet of management.
I fear the end game is near as this is really starting to look like CCC now.