RFE 0.00% 0.0¢ series 2018-1 reds trust

re: Ann: Mississippi Zone Confirmed in Noble ... Stove, very...

  1. 48 Posts.
    re: Ann: Mississippi Zone Confirmed in Noble ... Stove, very rational comments. Everyone should keep in mind that research caveats from brokers like "high risk", "speculative buy" etc are designed to protect themselves not us! Most of which are geared around market cap. eg: if Mkt cap is small(ish) like $50m it is deemed a "small cap" and therefore "high risk". Conversely, BHP would not be a high risk BUY or SELL because of its size. WB"s "no risk" comment appears to be based on Ivor's low case valuation. ie: if RFE sold everything including infrastructure (pipes, compressor stations, pumps etc) They might get 49.3c per share. That wont happen but shows you the option on the upside if all comes together. Keep in mind that gas has the most natural storage warehouse in the world - the ground. When gas price is good, turn the tap on and pump it out. When not so good, store it in the ground - in your pipes and wells. RFE has shifted focus to Missi for a reason. They are in the zone and oil prices are far better than economical. The WD results indicate that the first horizontal will find serious pay. Dont believe anything different. If you disagree, do some reading and work out where the location of the first horizontal is. I believe it is 500ft (ish) away from the WD well. Black gold! Texan Tea - not long now.
 
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