GREY:RNSFF - Post by User
Comment by
bigreturn11on Feb 26, 2018 3:50pm
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Post# 27623396
RE:warrants roe.wt.a
RE:warrants roe.wt.aI heard that the re-entry wells require 2 zones and ~100 m of net sand to make the economics work and they have exceeded this metric in the first two wells. I heard that these tie-ins should be complete or nearly complete. My interpreation is that the production is growing at a healthy rate as planned and there are significant potential catalysts on the horizon.
This isn't the type of company that I would go all in on, but of course its the tyoe that is exciting to play with some shares as the upside looks pretty interesting here and what is the downside risk at this price???