Rodinia Oil Corp. V.ROZ

The more I think about it..

[ardbegoil]

I now figure that PFC has too much going on to start up anything with ROZ in the near future anyways...Possibly someone like Statoil will come along and with their deep pockets,they would be able to do something here.....Does ROZ still hold those PFC shares that they used to have?.. The PFC run should be starting by September and those PFC shares could supply a bit of a cash injection for ROZ...Depending how high they go there may still be hope for another ROZ foray into the oil and gas business in Australia.....best to all

[birdie22]

I believe the exact opposite, after they hand over the operatorship to Statoil they will have nothing to do, Stat will do everything including any News Releases. They will have the time to devote to ROZ as they have let it sit on the back burner for the past 18 months. They only drilled 2 wells from 6 targets that are over 2 years old. Insiders own about 4% so they have a lot to lose. It is really

[ardbegoil]

I think I will wait to see how PFC makes out with their properties before I put any more into ROZ..I do think there is excellent potential here but as far as being just over the hill from PFC ..800 km is quite a hill and about the distance between Calgary and Winnipeg...lol...If the PFC adventure fails I wouldnt want my money tied up in another strategic review fiasco like had taken place for over