fingers crossed this week will be better than last, received excellent news but went backwards, combination of instos selling 69c shares and perhaps profit takers from the previous 4-5 months.
should be at least 2 important announcements this week, McMurtry well completed (hopefully monday morning as this well is taking forever) along with possible log results taken 3 weeks ago and the December quarterly.
with the completion of the McMurtry well, RFE can FINALLY complete the Abunda well. not sure what other holders thinking but this well is a complete mystery, why start drilling then stop 100 feet or so into the lateral?? has everyone guessing and hoping for the best i suppose!
time for DP to let shareholders know what is going on, or perhaps this was stalled so the cap raising shares could wash through before news on this well is released, either way, shareholders would like to see some of the 5 wells promised last year completed.
RFE Price at posting:
82.5¢ Sentiment: Buy Disclosure: Held
