Post by
pengi444444 on Sep 15, 2021 10:46am
Good News!
Really good news released this morning yet we are flat... what is going on?
What more do investors want at this moment as RHC has the helium, has the pay zone which is now even larger than previously discovered and has the pressure which was probably a worry for some orginally but should not be anymore as the pressures are great! They will be drilling more wells in the Climax area and the SE area yet we stay flat....
With the news out today and from previous releases we should atleast be in the $0.60-$0.80 range I think.
Thoughts from others?!
Comment by
TiredofWating on Sep 17, 2021 10:23am
The NR was very positive and sets a path forward from exploration to production. The market response was sadly muted as the price should have risen substantially. However, the overall market sentiment doesnt help with September volatility.
Comment by
Margin321 on Sep 17, 2021 6:28pm
It is good news that they are inmmediately drilling additional wells.