RE:RE:?I look at the lack of selling as an extremely positive indicator. We are entering tax loss season and would be surprised if there are any nervous nellies giving up. But who knows what will happen to the price of Crude oil????
This from the latest news release......
The company is now positioned on a high-working-interest, shallow, conventional Glauconite oil pool at Heathdale, and intends to drill four more horizontal wells within the next six months. Given the low capital cost per well and the significant oil development upside, Relentless intends to further derisk the Heathdale Glauconite oil pool and further assemble lands on similar play types.