Reabold Resources Share Discussion Threads

[jungmana] 01/8/2018 11:23

Kid, you want a tip on my next one? PMG

[1bluehorseshoe] 01/8/2018 11:19

Pmsl. I guess you can't help yourself

[jungmana] 01/8/2018 11:18

Nice to see 1p offer. As I said a few weeks back my end of year target is 3p and that's conservative. This one and i3e are my biggest holdings.

[1bluehorseshoe] 01/8/2018 11:12

Why? My level lol, you mean rise. Now get on with your puzzle before matron catches you

[jungmana] 01/8/2018 11:10

I won't fall to your level. Just check back my history here

[1bluehorseshoe] 01/8/2018 11:08

I'm I supposed to be impressed? Who cares?

[jungmana] 01/8/2018 11:03

Let's not resort to that kind of language on this thread. Whoever you referring to I don't know but fyi I have been here since December and RBD now makes up about 30% of my portfolio.

[1bluehorseshoe] 01/8/2018 10:55

There's more than enough halfwits here now

[jungmana] 01/8/2018 10:31

Wick spuds next month. That should get the attention of the ukog crowd if California doesn't.

[tewkesbury] 01/8/2018 09:38

Only a matter of time before the UKOG and Angus crowd latch on to what we have here.

[costax1654x] 01/8/2018 09:17

Regal Petroleum had the best RNS I have seen in months

[jungmana] 01/8/2018 08:44

And must add , about £9m cash in the bank :-)

[cashandcard] 01/8/2018 08:41

After an age, the Markets are finally taking notice of the portfolio and activity here.Cash

[jungmana] 01/8/2018 08:41

Drilling and producing in California, wick and colter drills in UK, huge Parta appraisal drills in Romania, all happening this year.Exciting stuff

[5chipper] 01/8/2018 08:30

Mcap still only £24m. With a few million in the bank for investment.

Imv still good value

[jungmana] 01/8/2018 08:26

I would say 3p by Xmas. Just to be conservative :-)

[tewkesbury] 01/8/2018 08:25

10p by Christmas. This is going to blow.

[jungmana] 01/8/2018 08:23

I agree there Dan. Full ask being paid now. 1p today?

[dandadandan] 01/8/2018 08:21

It looks like the herd have not arrived yet.

Still below 1p, what a bargain.

The nice thing about Monroe Swell is that the US team get things done and no holding back.

We need a road in place to gain access, then in a day or two it is completed. 24 hours to get it done. Compare that to Eastern Europe when a permit takes two years just to put it into the right department.

Lets see what the next few drills produce. $$$$$$$s

Don't forget the strategy. They will monetise at the right exit point. Minimum risk for gain. Those City Inst Investors knew a good thing when they spotted the S & S team.

GLA.

[theaviator] 31/7/2018 21:06

Just needs even one drill to come in - that is the beauty I guess. If Wick or Colter hit gold I can only begin to imagine. Dont know a better risk reward play and we in at the beginning tbh

[shutittrev] 31/7/2018 19:54

Mike Walters rates this. He tipped at lower levels. He has just written a very detailed report about the possible multi bag potential of Reabold and the future goodies and price points we have in store. Unfortunately, I cannot reproduce due to copyright.
Www.michaelwalters.com is the site and the entrance fee is £1.44 per week (75 quid per annum.) Good luck.

[jungmana] 31/7/2018 18:38

That's a good close. 52wk high is 1.12p and that's the next target if we can breakout of 0.85p

[ileeman] 31/7/2018 14:07

Just the start.

Newsflow has only just started will only get thicker and faster. Drilling non stop only a matter of time before we get a strike.

2.5p-3p year end target.

[tewkesbury] 31/7/2018 13:22

Malcy on RBD
Posted on 30 July 2018



Reabold Resources

An update from California from RBD this morning at the Monroe Swell where they have a 50% interest post the Gaelic Resources deal. A four well workover programme at Doud A-1,A-2, A-3 and A-7 is underway with pumping units in all four and intervention in A-3 and A-1 wells giving ‘significant oil shows in both wells’.

As I have mentioned more than once these wells give a very meaningful and swift return, Steve Williams, Co-CEO says, ‘early cash flow and impressive financial return metrics provide much encouragement for the subsequent drilling activity’. RBD offers an invaluable opportunity to partake in a number of high impact wells in diverse locations and with differing betas, enjoy the ride…

[theaviator] 31/7/2018 12:39

Plenty trades not showing either. Took a few more earlier and still nothing showing