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Rodinia Oil Corp. V.ROZ



TSXV:ROZ - Post by User

Comment by schoron Dec 28, 2012 10:57am
181 Views
Post# 20777239

RE: Pfc looked terrible at .08 hit .45 the other

RE: Pfc looked terrible at .08 hit .45 the other

Currently they do have a land position, but its not owned by them, they have rights to explore.

 

Again from the filed financials from ROZ.

 

Page 7.

"The recoverability of the costs incurred to date is uncertain and dependent upon achieving commercial production or sale, the ability of the Corporation to obtain sufficient financing to fulfill its obligations under the petroleum exploration licenses and upon future profitable operation. Failure to meet these exploration and evaluation commitments could put the related license interests at risk of forfeiture"

 

trade wisely, GLTA.

 

schor

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