Redhill's investment in High North V.HN ($1 million @35 cents) has almost doubled and the warrants are now in the money.... the decision to go after oil in Alberta seems be paying off nicely.
RHR also purchased the rights to seven crown leases in NW Alberta - HN has the option to purchase these properties with a 10% premium. Who knows maybe Redhill may decide to forgo the option and drill them? :)
Hmmm, looking good. The market is reacting nicely and RHR's share price is climbing nicely.
| V:RHR Depth by Order @10:55:52 |
| Bid | | Ask |
| Broker | Size | Price | | Price | Size | Broker |
| 1 Anonymous | 2,000 | 0.26 | | 0.29 | 10,000 | 68 Leede |
| 9 BMO Nesbitt | 11,000 | 0.25 | | 0.30 | 10,000 | 68 Leede |
| 68 Leede | 5,000 | 0.21 | | 0.33 | 3,500 | 7 TD Sec |
| 72 Credit Suisse | 5,000 | 0.21 | | 0.33 | 10,000 | 7 TD Sec |
| 68 Leede | 6,000 | 0.205 | | 0.335 | 24,700 | 9 BMO Nesbitt |
| 1 Anonymous | 26,000 | 0.205 | | 0.35 | 10,000 | 68 Leede |
| 33 Canaccord | 33,000 | 0.20 | | 0.45 | 7,500 | 1 Anonymous |
| 7 TD Sec | 15,000 | 0.19 | | 0.45 | 10,000 | 7 TD Sec |
| 9 BMO Nesbitt | 11,000 | 0.18 | | 0.50 | 5,000 | 1 Anonymous |
| 1 Anonymous | 20,000 | 0.18 | | 0.55 | 10,000 | 7 TD Sec |