Australian (ASX) Stock Market Forum

RRS - Range Resources

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Re: Nickel Heaven? RRS

krisbarry said:
But... the shares price has more than doubled in a matter of weeks from 1.8 to 2.7cents.
Click to expand...

More than doubled? Wouldn't it need to be higher than 3.6 cents for it to have more than doubled? :confused:
 
Re: Nickel Heaven? RRS

Yeah maybe my maths ain't too good, but the new anncoucement is great!!

Wooo Hoo!
 
Re: Nickel Heaven? RRS

I am still holdin' in, those bad apples will turn into Red delicious one day!
 
Re: Nickel Heaven? RRS

IGO share price too expensive for me. Need lots of capital for this sort of stock.

I trade less expensive stocks.
 
Re: Nickel Heaven? RRS

Share price has dropped a little of late But...

The CMF chart shows a large upward trend since the 6th of May (note red line on chart). Looks like share price will turn up again, real soon.

** Always a good predictor of a reversal in trend, when the share price drops and the CMF increases.
 

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Re: Nickel Heaven? RRS

Buyers Building, share price up +10.5%, and drilling has commenced.

Hopefully good things to come.
 
Re: Nickel Heaven? RRS

Diggin up an old thread here as I think RRS is a good buy now, movin on up acording to the moving average crossover
 
Re: Nickel Heaven? RRS

andrew_c2o said:
Diggin up an old thread here as I think RRS is a good buy now, movin on up acording to the moving average crossover
Click to expand...

Interesting this is still on blackdogsbarking...

I wonder what hes got in store for it?
I too think this might be a good buy at the moment. Trading pretty flat at the moment. Nice for some day trading opportunities.
 
Re: RRS (RANGE RESOURCES LIMITED)

We have prepared a 230 page detailed report on Range Resources Ltd highlighting the Donnybrook Gold Scam into Range Resources in minute detail including documentary evidence and how the company was taken over.
We then detail how some of these persons then moved onto taking control of Synergy Metals Ltd, not to mention other attacks on my person, my property and staff. These reports were prepared by several persons of various expertise.

For details visit blackdogsbarking.com
 
Re: RRS Range Resources- Nickel Heaven?

Yep, got done on this stock, sold out of a huge loss. IMO I do not trust assay results released, since the incorrect results lead to a director selling shares, a trading halt, then a down-grade of nickel.

Ouch this stock hurt my bank balance quite a lot.
 
Re: RRS (RANGE RESOURCES LIMITED)

blackdogsbarking said:
We have prepared a 230 page detailed report on Range Resources Ltd highlighting the Donnybrook Gold Scam into Range Resources in minute detail including documentary evidence and how the company was taken over.
We then detail how some of these persons then moved onto taking control of Synergy Metals Ltd, not to mention other attacks on my person, my property and staff. These reports were prepared by several persons of various expertise.

For details visit blackdogsbarking.com
Click to expand...

BDB,
I might just use your site as a 'filter' everytime I place a buy order on a small co to make sure I'm not putting my money anywhere near one of your 'suspects'.
 
Re: RRS Range Resources- Nickel Heaven?

There was a massive pump n' dump on this stock today. Big boys pushed it all the way up, then large buy orders vanished and she came crashing down. This happened within a very short amount of time.

Was it just to accumulate stock, or just the boys havin' some fun at the expense of the little share-holder.

Something very shifty going on with this stock, happens quite a lot. I suspect lots of insider trading.

IMO it is only a great day-trade stock, ONLY and I mean ONLY if you can get out within the day b4 the sell-off.

I think a warning needs to be placed on this stock...never pay too much for it, as you could be left holding a pretty sick bank balance after the big end of town mess' with it.

I cannot think of any other stock that trades like this, or am I just missing something!

** I do not hold **
 
Re: RRS Range Resources- Nickel Heaven?

amazing ann tonight... rrs

The Board of Range Resources Limited ("Range") is pleased to announce the entry into a
conditional Heads of Agreement to acquire a 50.1% interest in the sole and exclusive rights to all
mineral and hydrocarbon exploration and development in the Somali state of Puntland which
covers an area of approximately 212,000 km


a bit of dilution to come, this has to be one of the most curious of companies, should be an intiguing story ahead...
 
Re: RRS Range Resources- Nickel Heaven?

I've read the announcement half a dozen times now and I'm still unsure what to make of it.

My first feeling was something along the lines of 'first IT, then iron ore, then uranium, now oil', who do they think they're kidding??? Then I noticed the name 'Puntland' and thought they'd have to be pulling the legs of the market.

They've got 50.1% rights to all resources for a third of a country for a few pennies and a cheap meal. If it's too good to be true, it probably is, right? Or is it?

Turns out a chap they recently got onto the board is an ex-Shell guy and there is a claim that during the last week of September, one broker was a net buyer of approx 15 mill RRS FPO's and 15mill RRS options.

I'd still expect it to get sold down tomorrow - the dilution current holders are going to have to go through to get this deal is quite significant and it certainly wasn't the announcement the market was expecting. Wait till one of the big oilers farm in then have a play, atleast then you'll know its likely to be the real deal and not RRS playing the market for fools.
 

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