Long on IAE and REEV.REE, I own 10K shares of IAE. Also 50K shares of REE.
REE 35M shares o/s, 30% by insiders, london ontario production reef, mid Apr NR announced oil discovery, Jan was at 40 boepd will be at 800 boepd my mid 2011, 4000 beopd in 3 years.
Under the radar.
Market cap $5M, share price .15 climbing daily since mid Apr. JV SOLO on UK exchange has skyrocketed since discovery, market cap of SOLO jumped 27M$, arbitrage play, REE is catching up, should be .75 immediately, that is a 5 bagger from now. NR expected within 1-2 weeks for flow rate,
https://www.reefresources.ca/files/REEF%20Information%20Profile%20Sheet%20Jan%202011.pdf
long on IAE and REE