Short squeeze is on the way. It's all about the good news coming SOON.
The number of shorts that control the posting on this board can mean only one thing. They are desperate to accumulate the scarce ROYL shares for their new LONG positions.
The legal profession has once again leaked the good news coming out of Royale's finalization of the Alaskan field shared access to the new pipeline terminal and the costs for sharing the infrastructure that will connect the well head sites with the new shared pipe lines to the terminal. The Royale Energy "Pot of Black Gold" is now surrounded by deep pocket MAJOR OIL companies, (the ones that can afford the lease payments on drilling infrastructure) that will be more that happy to share collection and access infrastructure costs.
The first quarters excellent results, combined with the progress in finalizing the development plans for the Alaska holding, will prove once again that this family and their team of employees, contractors, and investors are the best in class.
Good point! It's no coincidence that after Senators and Congressman get elected that their net worth's explode...If we could just get an ear on the door of a certain Congresswomen's San Francisco broker.