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Bullboard - Stock Discussion Forum Rodinia Oil Corp. V.ROZ

TSXV:ROZ - Post Discussion

Rodinia Oil Corp. > I like the management here...
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Post by Retirefund on Jun 04, 2013 11:19am

I like the management here...

I believe the management at ROZ made a calculated bet on the Officer Basin, based on sound geology.  I also think this is a strong management team, with solid experience and I don't believe they will let their baby die. At .03c per share, I am also making a calculated bet, on this management team and this huge tract of undeveloped land in a resource rich area of the world with known hydrocarbon footprints. Cash is a problem, but big partners are lurking in the weeds.
Comment by dirtmerchant on Jun 04, 2013 6:58pm
if investing in ROZ yo are going to need a lot of patience and a strong stomach.  Rodinia's land position is very difficult to get to. Rodinia hasn't drilled since November of 2011 with no plans to going forward.  The officer Basin is an extremely expensive place to operate (see costs of previous drill program). They will need to find a joint venture or farmin opportunity (or ...more  
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