Every Oil & Gas company around the world has been decimated and that includes the top ten oil producing companies in the world. To blame this all on RC is rather naive. Naturally we are all disappointed with the state of the oil market but many of the analysts are predicting a recovery sometime from soon to about 6 months, who knows. Some shareholders become very negative at these times and some panic which creates a great opportunity for others.
I was also a top 20 shareholder some years ago in a company called Hardman Resources and I waited patiently for more than 5 years before I was well rewarded for my patience when they were bought out by Tullow.
In any case I thought you had sold out in May this year.
We have only two choices,either sell or wait for better times, which will inevitably come round again.
Good Luck, D.Y.O.R Klaas
CTP Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
