.

Over sold look forward to small rises.

(IMO).....I stated yesterday, that I feel the worst is out of the way; my feelings are the same today. We needed the "Bad News" out of the way, we got that on Monday.

Range is in a far better place than Horn, and Red Emperor has a little cash pile, but Range are sitting on a significant amount of oil in Trinidad. Cash to come from Texas, and of course they will be further partnering the drilling of more wells in Puntland.

The Range sp will not rise overnight, but is in a far better place today than we were in last week, that's for sure. I am actually thinking of buying more shares……..5p is a good price to pay for this share?

Up 10% magic.

short term target is 10p.

Lets wait for Friday's news

CEO says they will be very good

Role on Friday...........Mind you; we have had "Good News" from our friend PL before; so I will not get too excited just yet. I hope I am wrong.......Don’t mind being wrong sometimes?

Range Resources’ Trinidad assets remain the 'crown jewel' - broker


http://www.proactiveinvestors.co.uk/companies/news/47443/range-resources-trinidad-assets-remain-the-crown-jewel-broker-47443.html

Let's hope our friend PL delivers, he owes his shareholders....Big time.

Reading the above link.........I think I should be buying Red Emperor........They have lowered their target SP, from 100p to 47p...........That's not bad, RRP's share is currently at 0.048p!!!........Now that would be profit!!!

Just want the news that rig 8 is drilling.

Agreed.

What's your opinion on Red?

G, awaiting news on red. At the moment it only has cash. At the back of my mind Im just wondering if any of the 3 in the partnership will sell their interests out. Only a thought. The sp should rise for them if they participate in the Nugaal drill. Watching them as well.

Wonder if range if off loading its 5% share in Tangiers petroleum ? Very large sells going through.

Looks like they have been sold at a loss if indeed range is the seller.

Why would they sell, as the facts thus far on "Tangiers Petroleum” is very promising?

They may not have . Huge selling has taken place today, not mr average selling 1,00000 a go. Not seen this before. Range perhaps needs the cash. Only guessing.

The way the SP of HORN is going...........There will be no HORN to partner. SP currently at 0.280 = - 6.8%!

am i being very thick, or did i not see on my mobile somthing about RRL finding a HUGE column of oil in Puntland? .... if so, why is there no sp reaction?

There were big rumours before the last rns cynic. Sadly no oil. Hows the holday going?

Horn are going to hit problems -8 % at the moment on the sp

Startling price resilience after the Puntland duster, but then possibly not so startling if you could value RRL's other assets and 99% of bb posters haven't been able to do that, including me. I think nearly everyone was expecting a severe drop on Tuesday, but it's done the opposite. it as if investors have breathed a huge sigh of relief that the Puntland albatross has nearly gone (?).

I believe (IMO)..........We can now get on with the job, as it were!

The Puntland drills have been dragging the Range SP Southwards, and as you state Chuckles, the market can now breathe a little easier. All this said we need "very Good" statements on Trinidad from our comrade Mr PL?

I am not sure I can hold my breath for too long waiting though!