RRS range resources limited

RR Maths..a good post and we thank you for the input, yet you...

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    RR Maths..a good post and we thank you for the input, yet you leave out one thing...discovery, any one of 'the fleet' making a significant discovery changes everything and will put RRS into a better bargaining position and selling off assets. Like any oily, cash burn without a discovery spells trouble but with a fleet of ops ongoing, I am sure our position will soon change for the good?
    Personally, I am in for the long haul and not in the least bit worried as some in RMP probably are. I've learnt to understand and accept how EVERY oil drill always throws up anomalies. NONE are ever on schedule and ALWAYS cause consternation among investors. IT is a choice to hang on or dump. My best ever decision to hang on WAS nerve racking when I was holding Gulf Keystone at 11p, 13p and 13.5p WHEN AN UPDATE WAS RELEASED IN JULY OF 2009.

    IT DID appear that after 7months of drilling that they were encountering problems, pi's panicked, so did I AND SOLD OUT ON PI'S FEARS.AT 14-15p I only made a small profit, but over that weekend, I disregarded how investors viewed the situation.

    Subsequently,I remembered what Todd Kozel-ceo had said a year earlier...
    "There is so much oil down there, it is forcing its way to the surface, the whole region reeks of oil, you can smell it for miles away.It makes you salivate just thinking about it"
    That prompted me into action, three days after selling I promptly bought them all back for 12p...FIVE days later, they annouced a 1.5bb discovery, in less than a week they spiked 10 fold..it was on the label, you see?
 
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