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RIFT - Are they worth holding? (RIFT)     

mrdavidmoore - 24 Jun 2008 19:10

Anyone got any advice on RIFT.

I bought at 7p nearly 3 years ago. They subsequently went to 1.7p and are now back to 7p.
Are they worth holding or should I switch?

explosive - 07 Oct 2008 14:34 - 38 of 84

Unfortunate Mitzy, this would have to go bust for me to breakeven. Anyway time will tell and we'll see if news is forthcoming.

mitzy - 07 Oct 2008 14:47 - 39 of 84

good luck lets see what happens.

explosive - 07 Oct 2008 15:08 - 40 of 84

Thankyou Mitzy

fliper - 07 Oct 2008 16:18 - 41 of 84

When news comes out , the sp could go up over 30% .

oilyrag - 07 Oct 2008 17:22 - 42 of 84

Over 30% from where? 3p or 10p or 20p.

It seems to me that no value whatsoever has been attributed to RIFT for both Douglas and Puk Puk. There is a massive area still to be explored with the potential to be as productive as both the aforementioned discoveries.

If these discoveries are so wothless, then why does my gas bill keep rising?

Someone somewhere has a lot to answer to.

For me, my money may as well be invested somewhere, and at the end of the day, I firmly believe that this stock has a future. Even if the wells are sold to the highest bidder and proceeds split between shareholders, I will make a profit.

Good luck to all.

scotinvestor - 07 Oct 2008 19:26 - 43 of 84

oh dear.......going down quicker than i thought

mitzy - 07 Oct 2008 21:07 - 44 of 84

Yes your right for once..lol.

scotinvestor - 07 Oct 2008 21:33 - 45 of 84

cant fail i suppose predicting sp will go down.........dont tell darling to fart or the country might explode

mitzy - 08 Oct 2008 15:00 - 46 of 84

What the hells wrong with this share.

scotinvestor - 08 Oct 2008 16:15 - 47 of 84

its crap

skyhigh - 08 Oct 2008 18:12 - 48 of 84

All shares have been hammered...hang on in there... good level to buy more (imho)

rother - 08 Oct 2008 20:09 - 49 of 84

comes a time when you say enough is enough. if you have cash you will clean up imo. all in the timing!.

mitzy - 09 Oct 2008 08:40 - 50 of 84

Down for the second time in 2 days.. incredible.

skyhigh - 09 Oct 2008 09:30 - 51 of 84

It looks bad but hang on.... good time to get more (imho)

capetown - 09 Oct 2008 14:23 - 52 of 84

Mitzy
Back in this am.

mitzy - 09 Oct 2008 14:24 - 53 of 84

good luck capetown the selling seems to have finished.

lizard - 09 Oct 2008 14:26 - 54 of 84

tempted.

capetown - 09 Oct 2008 14:30 - 55 of 84

Longterm,a steal.

explosive - 14 Oct 2008 02:06 - 56 of 84

Longterm yep should well be a steal as long as when they produce they can keep costs under control and gearing high. I wouldn't have thought this would be a problem as the resources are not located under water.

driver - 14 Oct 2008 11:51 - 57 of 84

ex
You seem to be deramping all over the place apart from rift that you have a stake in have you got a sore head today.
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