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never forget that all BBs, including this one, are inhabited by people who will post all sorts of rumours to try to get sp moving in one direction or another ..... you need to discriminate between those who post wishful thinking and those whose postings are worth some attention

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Like me cynic!!!

What rumours..?

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http://http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=RRS&timeframe=D&period=T

should be a good day for the SP today. well here's hoping

GLA

Alex

looks to have shifted the sp the wrong way at mo Alex.,.

27 April 2011

RANGE SUCCESSFULLY DRILLS FIRST HORIZONTAL WELL AT EAST TEXAS COTTON VALLEY

International oil and gas exploration, development and production company,
Range Resources Limited ("Range" or "the Company") is pleased to announce that
it has reached total depth in its Ross 3H exploratory well, the Company's first
horizontal drilling venture. Located in Red River County, Texas, the well
reached a total depth of 8,900 ft (2,715m), with a horizontal section of
approximately 3,400 ft (1,040m).

Based upon open-hole logs, samples, and consistent oil shows during drilling
operations from both the vertical pilot hole and horizontal leg, Range and its
partners have successfully run and cemented in place a production liner to
target depth, with completion operations having begun. Once fraccing has been
completed, Range will be able to accurately report on flow rates and update
reserves.

Added Pete Landau, Range Executive Director, "The Ross 3H represents yet
another milestone for the Company as we and our joint venture partners continue
to apply the most cost-effective oil field technology available to our
exploration and development programs. Consistent with our recently announced
acquisitions in Trinidad, the East Texas Cotton Valley play represents a
low-cost opportunity to build our portfolio of crude oil reserves in a period
of strong commodity prices."

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Quarterly Report Period Ending 31 March 2011

Commencement of Georgian Drilling Project

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Extremely sad, however, do not know where one gets the reading of sold in panic today. They have been going down every day for the past 7 - 10 days despite the fact that more have been buying than selling apart from one day. Sure they will come back. I am asking sincerely that I do not have any absurded replys as I have had in the past......... ............... The posts on this have gone dead - most have probably banked their monies or too interested in playing Golf - critisising others - or crying over the fact they have CFD,s. plus critisising other issues that have nothing to do with money A.M.

what a bitter and twisted little post ...... many people will have had margin calls and/or stop-losses hit .... when markets go sour, even if only temporarily, baby and bathwater syndrome often sets in