This one is still a buy and I really think a partnership with another company is the best way to move forward here so ROZ shareholders will enjoy some of the benefit of the discoveries as they are made.
So many different ways of going into partnership with other companies these days. By block, by individual drill, by propsed drilling campaign. It will be worth keeping shares from the company that takes them over.
I looked at the charts, this one is good and strong and since about the tenth of October, this one has clearly been a buy. Lets be honest, the only thing holding the company back is financing, nothing else. Opening up a data room is an excellent idea to really let those who understand these things trully understand the potential of the company.
I read it all on the website and all the competent person's reports and so on, and was impressed by what I saw but also extermely disappointed by the fortunes of the company, hopefully, that part of its fortunes is coming to an end and it can move on to a new chapter.
See the chart below, if the lower of any two moving average lines intersects the higher moving average line then the stock is a buy. In this case, the 9 day moving average line (Red) cuts the 30 day moving average line (blue line) or about 9 October. You can also see the company's share price (dark blue line) is trading at the very very top of the Bollinger bands. All this points to an imminent break out to a new trading level.
I dug this company out through my own research and am very pleased with what I found. This company has the most amazing resources, it's just needs the funding to develop them.
