canmex takeover of rrs, page-111

TH,
If you want my financial advice take NWE...
you could also check the TEX thread here on HC....
I said that with FAR you have to be patient so dont expect a booming stock in the short term...
I am highly suggesting NWE.... it is 100% undervalued... value of the AED royalty is much larger than the value of the company... NWE has come back from 35cents to be around 28cents now...and it has the mad oil target drills coming aswell... Ive seen accurate valutions of 60cents on NWE and 1st production is 1 month away from the puffin fields,
I did a write up of NWE here on the RRS thread somewhere...
at one stage this year I had 80% of my wealth on it...
stocks like NWE come around once in a lifetime...
...
anyway back to the RRS story...
Its true though.
I have a question for the knowledgeable here.....

HOW far away is the first drill? with canmex-rrs
no doubt its not this year, so theres plenty of time to re-enter...

rupert downunder....
saying that RRS is, or even could be the next PDN is plain wrong... PDN wasnot a multimillion dollar company when it was 1 cent.... potential means nothing, every oiler has potential, every resource stock has potnetial.... HAVE ALOOK AT RMI... it has in ground resource potential valued at something like 25,000 times market value of the company...
20 odd million market value vs billions of in ground resource.... Drill results due in 3-4 weeks...
watch it boom on a sniff of good news...
so RMI, and NWE over the next few months, then exit for FAR for the china sea drills... and after that you could consider coming back to RRS if you must for play...
before I go.... In this industry Potential means nothing... large potential resource is nothing until it is discovered or interpreted to be more than just potential... if it was not proven to be economical as one other poster here suggested, with a historical drill in Puntland... then it is nothing...
NPV>0 is a must, without this then your companys SP will fall.... and if that is not clear, then its not a project worth taking on in the first place..

Rupert downunder... I first saw someone start a thread called "serious oil play' over at Sheartrader.. where I base myself, and a bunch of us giggled at this company... and now The dude that started the thread willnot reply to any of my questions...
and then when I saw that this company was in top 10 at hotcopper all the time, I thought, "what the Helllll"...
So I came over to say what the Hellll....I have only seen this company for a month or so...

While you lot sleep tonight wondering about where this company will be in a few months..(probably no different)
I will be dreaming...
production, development,discoverys,revenues,infrastructure,
oh and first production again, (the lot)...
Im out for the night, later all...
happy zzzzz ing all....