Very interesting thread kids, more moderation and suspensions than the rest of HC combined.
To the detractors - lots of history and knowledge, try not to get suspended though - I prefer to keep leaning on this valuable resource.
To the newbies - try and not let knowledge scare you. HC won't change a co. like RRS. The worst that can happen really is that you learn something
I'm thorough in my research
My take on RRS
Risk?
Well its oil+gas
Its Somalia
The board misleading
Yep - risky as
Upside - pretty big - these guys are shooting for the moon.
That Georgia play alone is huge.
Somalia - the tenements are the size of Texas - well at least half. Is it any good? Not sure - but somalia is the closest thing to the oil states that Africa has.
I'm in - 5% to 10% portfolio
Last time I posted those %%%% was my first post on BUY at 3.3 cents.
Difference here - Somalia/Georgia may have oil unlike PEP11
Detractors
Timing is everything lads - investing today in RRS is a LOT different to investing in two years ago when it was over a dollar.
Newbies
If you make money from RRS - it is because people who have lost money got it this far.
My theory - the next big thing for RRS is definite signs they are really talking to the Somalian government.
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Very interesting thread kids, more moderation and suspensions...
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