Rooster Energy PRBEQ

Opec

[BrokeNewbie]

Apparently opec production cut has been going well with russia joining in by supporting its own freeze. Maybe we will see oil in the 60-70 if everything goes well. @1-1.5c were pretty much at our bottom. If company survive, can only go up from here...

[Burnerman]

I hope it can only go up from here! I purchased nearly 600,000 at .14 because at the time talk was it was a possibility that it was going to climb to the .50 level. I didn't look for a while never thinking it would drop so dramatically. It was my mistake but I still believe that the company has excellent potential. We will find out on the next report which will be out shortly.    

[Olive777oil]

They still have only until next Tuesday to release the report.

[Burnerman]

Waiting....................why does this company do this to loyal shareholders? Do they simply not care? If they did not want any part of communicating with shareholders why didn't Mr. Morrison just simply assume all the shares? If he could afford the first 80% I'm guessing he could have figured out how to accumulate the rest. A little more communication is definitely required here.  

[redgreen66]

Looks like it is going to be another COB news release today

[Burnerman]

Oil is way up. We are fairly sure the 3rd quarter report will be improved. Why not release it during the day? There are probably many people sitting on the fence waiting to jump in. They just want to be sure the company is heading in the right direction.      GLTA

[westcoast1000]

Opec apparently has reached some kind of agreement to reduce output. Forecasts for oil prices are looking strong. The low case IEA forecast is a 75% price increase by 2020. That has got to help us a lot, even in terms of buying better hedges.

[Olive777oil]

Mr Burnerman----- I agree with you. People here want to know at least if the company will survive. But the fact that they didn't respect the deadline is not reassuring at all. They might think that the deadline is the end of this month but it is not. It was yesterday, 60 days after the end of the quarter. A better outlook for oil is now encouraging. But the big question is always: Can they

[Burnerman]

If it can stabilize above 50$ and with the decommissioning side of things renegotiating the debt should not propose a problem. Let's hope for a good report.