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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

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Gerponville18 - 21 Aug 2012 07:15 - 4762 of 5221

This means the Q & A is a week late isn't?
Must be more delayed tactics from our Mr PL...........Could be good news on the way..........Maybe, the bad news is imminent, and therefore he is hoping the dust will have settled prior to Friday/Monday?

What a blinking share this is!

pumben - 21 Aug 2012 07:24 - 4763 of 5221

yep as stated earlier, missed deadline after deadline, unbelievable !

kimoldfield - 21 Aug 2012 08:04 - 4764 of 5221

Down 9% on ASX and Red Emperor shares suspended on ASX pending an announcement in relation to a drilling update.

Gerponville18 - 21 Aug 2012 08:17 - 4765 of 5221

Seems to me that; fingers on the sell button, take a loss, let them find the basement level..........Then buy back in........Just a thought!

kimoldfield - 21 Aug 2012 08:23 - 4766 of 5221

RNS due anytime between now and the opening of the ASX, sp will no doubt bounce around like a demented rubber ball until it is released!

Gerponville18 - 21 Aug 2012 08:28 - 4767 of 5221

Can't be any more demented than us poor investors!

cynic - 21 Aug 2012 08:36 - 4768 of 5221

why buy back in at all? ...... certainly it's prudent to cut losses even if belatedly, but that is not a good reason for throwing in new money later

Gerponville18 - 21 Aug 2012 08:54 - 4769 of 5221

It is only what I have done on a number of shares of late, too name but a few;

1 - Border and Southern..........Bought shares at 16p, sold at 20p.......Made up my lose from the massive lose.
2 - FOGL.........Added further shares to my portfolio at 67p...........Sold a number at 95p. I am waiting for them to fall back to 80p? Then I will buy back in.
3 - Paper loss on Aviva, as I bought at £3.03, bought more shares at £2.48, sold the additional shares at £3.30p.

As you know cynic, one can make very good money when a share is struggling!

HARRYCAT - 21 Aug 2012 09:28 - 4770 of 5221

Range Resources Limited ("Range" or the "Company") notes the trading halt on the ASX and suspension on AIM in relation to trading in the shares of Red Emperor Resources NL ("RMP"), one of Range's joint venture partners in the Puntland exploration project, pending the release of a drilling update on the Shabeel North well.

Range wishes to advise that final downhole logging is currently underway but that no results are yet available from the operator, Horn Petroleum Corp. Range will release any results as soon as they become available.

kimoldfield - 21 Aug 2012 09:34 - 4771 of 5221

Does the right hand know what the left hand is doing? Apparently not!

Gerponville18 - 21 Aug 2012 09:35 - 4772 of 5221

I think what they are trying to say.........We keep writing the script; until we get the wording right (Fresh water found)..........We will let you all know later!

PL certainly knows how to get the market/investor(s) sat on the edge of their seats, that's for sure?

Gerponville18 - 21 Aug 2012 10:51 - 4773 of 5221

Perfect statement:

User 'cantstandfools' commented: "Let's hope they have a forward plan in place if it's bad and they give some hope regarding testing and future drills it should bounce off the lows if they don't have a plan it could get nasty they've had plenty of time so no excuse for an half-hearted RNS give us the info we need or many will lose the little faith they have left."

I could not off written it better!?

HARRYCAT - 21 Aug 2012 11:18 - 4774 of 5221

Yes you could. 'I couldn't have written it better' ;o)

Gerponville18 - 21 Aug 2012 14:54 - 4775 of 5221

I fear the worst.........Horn is down - 18%+!!

3 monkies - 21 Aug 2012 16:51 - 4776 of 5221

Knackers Yard or what??

kimoldfield - 21 Aug 2012 16:58 - 4777 of 5221

Horn in recovery now, down only 4.62%. No smut intended! :o)

dreamcatcher - 21 Aug 2012 16:59 - 4778 of 5221

PL needs to pull a white rabbit out the hat, may be a dead one.

dreamcatcher - 21 Aug 2012 17:00 - 4779 of 5221

Horn needs some blue pills. lol

kimoldfield - 21 Aug 2012 17:01 - 4780 of 5221

Mmm, I like blue Smarties!

dreamcatcher - 21 Aug 2012 17:04 - 4781 of 5221

lol. They could of found something, not saying what. Chance for good news.
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