GREY:RDWEF - Post by User
Post by
optimist31on May 19, 2006 11:20am
110 Views
Post# 10866051
Bottom?
Bottom?New to REd and looking for a good entry point. Realize all will say NOW, but still seeking more information.
Not sure from website as to drilling plans for Q3-4 and also looking for any elephant shots they may have??? Is RED basically a development land base or do they have some raw exploration lands in their basket? Also, from track record, how believable is exit spike of 2600 boe's? Have any of you heard of/aware of plans for 2007? Do these guys run a hedge book. (Just bought into BER, in part because they were hedged with upside open.)
Appreciate any/all assistance. TIA.
The OPTIMIST.