I’ll say it once again I can’t be any clearer. If you doubt the potential of Range Resources then you haven’t researched the company. Puntland/Somalia, Georgia assets are potentially in the MANY BILLIONS! Please read the reports and latest news releases! To accuse this Blog/me of making it all up is quite simply the ravings from deranged loonerticks. Speaking of which!
I’ve read some of the woeful comments currently coming in regarding Encores/Nauticals’ Catcher North Discovery. One in particular stands out it’s written by some chap calling himself Kenneth Hitchen in it he states that I have cost him “3 thousand pounds” How so Kenneth? I first high-lighted Encore when they were about 48p and Nautical when they were approx’ 120p? To come on to a Blog that has consistently told investors to “research their investments” trying to apportion blame for encore’s 14 foot oil discovery has to rank as one of the most pitiful comments ever posted on the Blog. Shame on you Ken. Now you are banned from the Blog. Don’t waste my time or the time of the many decent people who use the Blog with your cringe-worthy posts!
I’m very sorry having to write this but one has to put ones foot down now and then!
Every serious investor who reads through the company epistles,Broker notes and professional analysis on Range Resources can only base their estimate/view on what is out there in the public domain. No one is twisting any investors arm to buy or sell any stock written about on this Blog. The problem YOU as the investor have is your ability to make informed decisions based on YOUR research. The amount of emails and comments withheld clearly show that some have not and do not research their investing/trading.The old adages and clichés used many times need to be reiterated . “Please research your investments it is your money not mine!” “Take responsibility for your decisions”
“The Buck stops here”
Range Resources are sat on potentially company making assets these assets COULD amount to many Billions of barrels of oil. Now bearing in mind that the main assets have as yet NOT been drilled and the way the Market behaves vis-a-vis fluctuating price values, time-lines,news releases, potential,expectation and general investor/city sentiment. It is my contention that Range Resources should continue to trend up as we get nearer to the first big drill penciled in for April 2011 Georgia. Now here’s the crux of it. They will almost certainly rise and fall many times before the drill bit spuds in Georgia but the trend will be up that’s to say that the current SP should be but a distant memory; a 50p target here is not out of the question before Georgia spuds! If they bring home an oil strike anywhere near the estimates in Georgia/Puntland etc then Range will rocket to many multipules of 50p. Now it’s only my opinion but I have as you all know been known to get these things right now and then hence why the Blog’s following is in the 1o’s of thousands and not half a dozen or so nutters with fake split online personalities talking to the ether over on some of the chat sites!
A minimum 25p target will be smashed here as the upcoming drills approach!
Range Resources are coming on the Radar and they will rise. Massively under-value!