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09:10
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Originally posted by jakspara
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It seems there are plenty of investors/traders onboard still willing to offload their shares on the cheap, as evidenced by the continued selling into any positive announcements and some of the larger sells still being placed as we speak. What I'm about to put forward may seem a little lofty but just take a moment to let it sink in, to think about what is really unfolding here.....265,000,000 Gj of recoverable gas to RLE, with an actual short term path to market that's got to be worth at least 50c-$1Gj in ground right?......or a MC 5-10x that of today.......and let's not forget this is for such a tiny portion of the acreage with only a few wells to date, these figures can increase by many many multiples. With bigger players already circling (may explain and partly prove my conspiracy theory on who the "capper" has been/is) it's obvious we are sitting on something of very high value otherwise they wouldn't have made an approach so early on.
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jak,
