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REMO RESOURCES INC V.RER

"Remo Resources Inc is engaged in the acquisition and exploration of mineral properties in Canada. The company's primary objective is to explore mineral properties to a stage where they can be developed profitably or sold to a third party."


TSXV:RER - Post by User

Bullboard Posts
Comment by HDP18on May 20, 2004 4:02pm
118 Views
Post# 7512973

RE: Whats happened to the volume???

RE: Whats happened to the volume???Support will be at $7. Might poke through to $6.75 but I will be a buyer at $7 if it gets there. I expect people are hoping for a big flood of OPEC oil to lower the prices and this may happen but the fact remains oil and natgas prices are going to stay in the upper end of the range at least until the fall. I get nervous when I see the "High price of oil" on the front page headlines of newspapers. That tells me that a lot of the event has already been priced in. However, it may still go higher given that driving season in upon us. Also, all we need is a hot summer and pop go the Natgas prices too. Until the fall I think price strenght will be there.
Bullboard Posts