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Bullboard - Stock Discussion Forum Rodinia Oil Corp. V.ROZ

TSXV:ROZ - Post Discussion

Rodinia Oil Corp. > Pfc looked terrible at .08 hit .45 the other
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Post by Junit on Dec 28, 2012 10:50am

Pfc looked terrible at .08 hit .45 the other

day as people realize these companies have great land positions. The volume yesterday tells the tale. There simply isn't that much money on the venture exchange left to do that kind of volume from just the retail crowd. Wait be patient and then find out who bought 10% plus of roz. That's my plan. Also we have had a huge retrace from .11 and this will likely bounce back as soon as the scared chasers bail. Jmho Rory
Comment by schor on Dec 28, 2012 10:57am
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 ...more  
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