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Roughrider Exploration Limited V.REL

Energy
Roughrider Exploration Ltd is a Canada based company engaged in the exploration and evaluation of mineral properties. The company focuses on exploring its portfolio of mineral properties, including the Empire Mine property located on northern Vancouver Island, British Columbia and the Golden Triangle properties in central British Columbia.


TSXV:REL - Post by User

Roughrider Exploration Limited
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Comment by natureboy16on Jan 21, 2011 9:17am
316 Views
Post# 18006376

RE: RE: RE: RE: NEWS.....................SWEET!!!!

RE: RE: RE: RE: NEWS.....................SWEET!!!!Gross vs Net?

You are too optimistic.  I like REL very much, but it is important to maintain balance in one's expectations.  Disappointments from unrealistic expectations hurt share price more in the long run.

I think REL will be doing VERY good if they exit 2011 at 2000 bopd.  (I won't get into detail on that.)  I am not adding in much from Montana.  It is too early there.  Besides, even good results will require lots more work that takes time.  Seismic, re-processing, delineation, science, etc.  If there is better blue sky there, well so be it, but I am not paying for it yet.  I thought the same about Trochu - seems I was wrong.

JMHO, DYODD
nb
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Dealroom for high-potential pre-IPO opportunities
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