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Roughrider Exploration Limited V.REL

Roughrider Exploration Ltd is a Canada based company engaged in the exploration and evaluation of mineral properties. The company focuses on exploring its portfolio of mineral properties, including the Empire Mine property located on northern Vancouver Island, British Columbia and the Golden Triangle properties in central British Columbia.


TSXV:REL - Post by User

Post by natureboy16on Dec 31, 2010 9:14am
347 Views
Post# 17910262

You Guys and Gals are Funny

You Guys and Gals are FunnyIs something up?

Well, I would say yes.  REL is in the process of completing the wells that they just worked on for the last year!  I would say that qualifies as something.  If they are duds, we go down.  If they are good, we go up.  It is utterly that simple.  They just spent likely most of their cash on all this work.  It sort of has to work out.  Inevitably, when this occurs you are going to have shareholders jockeying for positions. 

And, given the float we have here, a million shares is nothing - not even the value of a Canadian home.

GL
nb
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