.

Bit of strength again today.

Coulld be the new XEL....if I can put it that way......I'm expecting the sp to go ballistic at some stage during 2011.....whether it will do or not we shall see....

Very nice rise today, good buying volume..

Yep, good strong close.

Strong opening.....much to come from this one in 2011....

And do not forget, you can put RRL into an ISA, as its dual listed AIM/ASX.

http://www.smallcapnews.co.uk/article/Oil_Gas_RoundUp_2010_North_and_South_America/8727.aspx


.........Range Resources (RRL) has been building momentum all year principally by bringing two wells into production at the North Chapman Ranch field in Texas and publising an independent report which attributed 2P reserves of 19.6 bcf of gas and 1.5 million barrels of oil to Range Resources' share of the wells. Also, in November Range Resources disclosed that in the Republic of Georgia, seismic data has thrown up 68 indiviual structures with an estimated gross oil in place prospective resource of two billion barrels. Six of these structures are considered ready to drill and Range anticipates a rig will be mobilised in February 2011. Range has a 50% interest in the Georgian licences. The share price has responded accordingly rising from 2.97 pence in January to finish the year on 8 pence. ...........


.

Worth a read :

http://www.ibtimes.com/articles/96738/20110102/oil-natural-gas-crude-futures-2011-outlook.htm

.

Ticking up nicely in Oz at the moment, 8.5p equiv.

Hopefully will get off to a good start over here...

Yep, its off to a very strong start, as expected.

Yes Prose most of my holdings blue.. with luck stay that way!!!!

I think this might be a star of 2011.....right way of doing things.....earnings in a stable country (USA)...with incredible high risk, high reward in far flung countries,.. but if it goes pearshaped.... can always fall back on their reliable assets....impressive.....

Yes RF that makes it a share to be in!!!!!!

Going to be a big month is January, lots of news to come out and we should be well over 10p before too long.

Yes....so much going for this company.....

Just look at say EO., so much is already in the price its not going to go anywhere fast.

RRL meanwhile could go up 1000% on some good news in Georgia and still be cheap.

Where do you want your money ?? ;)

Yes looking to hold these till the last, so that 1000% is an aim!!!!!! unless it gets to 500% and i bottle it!!!!!!!!!!!!!!!!!

So much going on here with Georgia and Puntland as the blue sky, however the US assets are worth more than the present market cap.

Tonnes of news to come, including lots this month so its going to be exciting time ahead.

put some in my ISA for a rainy day. GLA