Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

.

dreamcatcher - 18 Jul 2012 19:00 - 4415 of 5221

Horn far from racing up 4.17%

Gerponville18 - 18 Jul 2012 20:46 - 4416 of 5221

Horn definitely not racing up...........0.68%............ Hmmmmmmm

I hope that the profit takers have been at work prior to sample(s) confirming an oil find = in 24/48 hour!

dreamcatcher - 18 Jul 2012 20:59 - 4417 of 5221

I think the 24/48 hr news will be the sp mover . Then it must be commercial.
Perhaps the word water was used to keep a cap on the sp's until the Puntland government is in order. Which it has for Horn. Horns sp has stood up not to bad, without news of the drill from KH until today. Ranges and RMP have not stood up so well. So perhaps Ranges Directors and red emperors wanted the news released to stop the sp rot. Perhaps they know what they have. Delays can be played anytime on just
to stop the sp racing . If oil is found and all camps including the somali government are ready to announce it, the world will soon know.

dreamcatcher - 18 Jul 2012 23:00 - 4418 of 5221

Horn ended down 1.3%

pumben - 18 Jul 2012 23:38 - 4419 of 5221

hmm........ why mention water, something does not smell right, I hope I am wrong but I would have expected Horn to remain positive

pumben - 19 Jul 2012 07:29 - 4420 of 5221

mind you based on RRL estimates of target date, we should double their estimate, so the news wil be given in 48-96 hours LOL !

coeliac1 - 19 Jul 2012 07:58 - 4421 of 5221

Except that it was HRN who wrote the RNS which RRL effectively copied and pasted.

dreamcatcher - 19 Jul 2012 17:40 - 4422 of 5221

relentless selling.

dreamcatcher - 19 Jul 2012 17:43 - 4423 of 5221

Horn up 2.82% at this time

dreamcatcher - 19 Jul 2012 17:44 - 4424 of 5221

Cannot work range out, seem intent on destroying the sp. Why put WATER in the rns
before testing in only a couple of days.

dreamcatcher - 19 Jul 2012 17:45 - 4425 of 5221

Not going to be pretty if there is.

Gerponville18 - 19 Jul 2012 17:54 - 4426 of 5221

Horn now up to 4.93%...........They must know more than we do?

dreamcatcher - 19 Jul 2012 18:30 - 4427 of 5221

Horn would of tanked if their investors were concerned of water, seems to be holding well.

dreamcatcher - 19 Jul 2012 18:37 - 4428 of 5221

Horn and Africa oil still have a lot of warrants to be exercised. The Horn sp was driven down a month or so ago with the badly worded rns. Perhaps they have something to do with this latest rns. Who knows.

dreamcatcher - 19 Jul 2012 22:10 - 4429 of 5221

Horn close + 4.23%

pumben - 19 Jul 2012 22:55 - 4430 of 5221

I think todays performance of RRL shows the state of affairs that PL has generated with this share. So little confidence after their failure to deliver on time, with other shares if they were on a verge on a new find, the SP would have either continued up or remained unchanged but RRL sinks ! Too many people just want to sell to recover their original stake, those who have bought at the low levels are ready to sell for a quick profit !

pumben - 20 Jul 2012 08:57 - 4431 of 5221

7 hours to go for them to keep to their deadline for an update on the test results. If they miss this one, it will be a disaster !

Gerponville18 - 20 Jul 2012 09:13 - 4432 of 5221

At the end of the day......We need the result!

If the result is positive, the SP can only improve, if however, the result is (water), I will then agree with you.....A disaster. Time really is irrelevant.

pumben - 20 Jul 2012 10:03 - 4433 of 5221

It is better not to put any dates out, it's all about managing expectations and they haven't done a good job on tht front this year ! which is a big confidence factor

dreamcatcher - 20 Jul 2012 13:19 - 4434 of 5221

Thinking the test results will be Monday
Register now or login to post to this thread.