RRS 0.00% 0.1¢ range resources limited

Very interesting thread kids, more moderation and suspensions...

  1. 961 Posts.
    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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