Range Resources Share Discussion Threads

[pottingon] 12/4/2010 17:59

Dear sirs
I will have 2 complain A gain
Not enough individuals sold at 11.33 this Am.
I am very disappointed my bye order was not granted.
Please try harder
Re this reserves report N emails, a Red Herring ?
How can a Oil Co do this without at least 2 or 3 wells ?
There having a laugh.
Remember 1st we have shut in N poss Fracking
Mmmm
2ed Well just planed, then we have spudding.
Mmmmmm
Where's that coaltar Oil.
SoapyPotts.

[fairdeal2008] 12/4/2010 17:27

nice 4million buy this morning - arbitrage perhaps

[three days] 12/4/2010 15:59

Looking good for this week.

[brasso3] 12/4/2010 15:53

I wont get excited until it breaks 4p

[markth126] 12/4/2010 15:50

Another 250k bought at 3.94! Looks promising for a good finish

[sparty1] 12/4/2010 15:30

100K bought at 4p ..Welcome back and keep going ,your worth it! .

[pheonix07] 12/4/2010 15:08

IMO puntland & Georgia are yet to be priced in

Smith #1 currently running at 88bcf with share price at 3.75p

IF we do get the 280-300 bcf out of Texas this month I believe a share price of 10-12 is realistic on Texas alone..don't underestimate the Texas TEA..then you need to factor in hype

The wait continues..

[usher03] 12/4/2010 14:49

Twisso,

Definitely agree there!
Still looking forward to things to come in the future regarding Puntlanf, Georgia and even the other Smith wells that PL has mentioned could be in the pipeline...especially with the 2nd one on the horizon...'RB well'.

[twissso] 12/4/2010 14:46

Agreed.

I said in my post that I hope he's wrong but I meant I hope he's right.

It's going to take more than news from Texas to raise the price into those ranges IMO. Unfortunate though because 10p would give an market cap of £80 discounting options which to me seems fairer value for the prospects.

Price action well overdue!

[usher03] 12/4/2010 14:41

Hey Twisso,

Nice to see you on here mate.
Good point regarding "you-know-who"...but it would be nice.
I'm just hoping what I'm dredding doesn't occur.

[twissso] 12/4/2010 14:29

Usher,

That same poster who thinks that a good report could life the price predicted 11p for gas and 2p for oil. He's also got a rep for pretty wild speculative guesses. Hope he's wrong though.

I'm hoping for the reserve report to at least take us into the 4p-6p range. Hopefully with a spike for some cheeky selling into on the way up then buying back in when it settles.

Dual announcement of smith#2 reserve and RB#2 spudding wouldn't be out of the question either.

T

[usher03] 12/4/2010 14:22

Shug, ok no worries.
I'm just hoping that the market takes the reserve report news well when it does arrive, as many times when the market is waiting for long awaited news...if its not spectacular...then the MM's can often have their fun and mark shares down due to the market not meeting the anticipation in the initial build up...seen it quite a few times last year.
One poster on iii reckons we could maybe hit 11p on this news if it is really good reserves and the MM's do us a favour.

[brasso3] 12/4/2010 14:18

Thats a little better. My portfolio is looking a bit sick today.

[fairdeal2008] 12/4/2010 14:16

up again now 5 v 5 on level 2

[shugmonkey] 12/4/2010 13:59

Usher,
I'm not on iii. Just look in occasionally.

[fairdeal2008] 12/4/2010 13:57

Now 10k max online offer with barcs ;-)

[fairdeal2008] 12/4/2010 13:38

Please feel free to add any suggestions

[steelwatch] 12/4/2010 13:38

Brasso - click on Fairdeal's name.

[brasso3] 12/4/2010 13:34

FD

What is your undervalued microcaps thread? I cannot find it.

[usher03] 12/4/2010 13:33

Shug, ok thanks for the advice, are you pistolpete on the iii board by the way?...as he has also emailed PL.

[fairdeal2008] 12/4/2010 13:32

well online offer fallen from 250k to now 50k ;-) so looks good to move again shortly.

agreed cash - just wanted to see the silly oversold situation develop which it has so we can get going now .... I want to because I have 2million of them...

[cashandcard] 12/4/2010 13:30

Fairdeal,

Hi. On your undervalued microcaps thread, the company which has fallen steepest yet has not recovered seems to be RRL. This has not moved far since last Mar. At the moment, the chart is going in the right direction which bodes well for a breakout once we have firm news of reserves report, Georgia & Puntland drilling.

Cash

[fairdeal2008] 12/4/2010 13:22

mm moved up now 4 v 2

3.5 - 3.75

[shugmonkey] 12/4/2010 13:19

Usher,
sorry mate, it's just I emailed PL last week and passed the info around and it stirred up a hornets nest.

If he replies to you just don't put it on the boards.


Shug (once known as Stinto)

[usher03] 12/4/2010 13:15

ShugMonkey...I'm being serious, I always thought CEO's and Directors would never email investors back and you just get an automated response about waiting for RNS's to the market, but I tried it last year with the AMC CEO and he emailed me back to my astonishment, so it may be good to try it here?...apparently someone from the iii board has done so and received a reply advising 1-2 weeks for the Reserve Report...and told me to email him too and see what he says...so I guess that shows confidence, or else they would have told me not to email him for some reason like he's being inundated and too busy to email anyone else now...but he told me to go straight ahead and email him...so I just might do so and see what response I get...then we'll see the credibility.