RRX has been the subject of a number of other recent research reports. Analysts at TD Securities raised their BMO Capital markets raised theprice target on shares of Raging River Exploration from C$7.50 to C$9.00 in a research note to investors on Tuesday. They now have a buy rating on the stock. Separately, analysts at CIBC raised their price target on shares of Raging River Exploration from C$7.00 to C$8.25 in a research note to investors on Tuesday, January 14th. They now have an outperform rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Raging River Exploration from C$7.00 to C$7.50 in a research note to investors on Tuesday, January 7th. They now have a buy rating on the stock. Nine analysts have rated the stock with a buy rating, Raging River Exploration presently has a consensus rating of Buy and a consensus target price of C$8.97.
Raging River Exploration Inc (CVE:RRX) is a junior oil and gas producer
Pta has farmed out El Porton block to Parex resources Columbia ltd.That's a big + in these days of resource nationism and siezure-esp in Latin America. 1st Q production averages 6497 boed ,95% from las Maracas field which continues to really roll and outpreform ( so buy some more ) . they are holding $95 Million balance on the books and i could sure use some of that.
could/would/should be out march11. the beta (volatility) relative to the market has decreased making Mill an ever decreasing opportunity for the shorts. the 3d Q will show increasing production. Ok shorts get back on the Ouija board since you ignore the fundamentals.
already got it coming out my ears since 2010.s/b $6 it went down to $1.42 as i remember ,Quacks research hates it, and anyone who has studied it holds it .
Well I travel alot in Europe and if you saw how wierd they dress you would find it hard to feel sorry for them.They see American foriegn policy in terms of their own needs.They can be very underhanded and respond well to free drinks and 'undisclosed tips'.Let them sort it out themselves, dont drink the water,and keep negociating without ever seeming to come to a conclusion and you will always fit in just fine.Russians are a bit more emotionally angry but get control of them selves eventually. If Europeans feel you are interested in their culture and history they tone down the attitude a little.They pride themselves in being environmentalists , standing up to the Americans, and not being dominated easily ( im generalizing).All in all, you can't care more than they do.
Take in to consideration the tradeoff btw max production and resource depleation- they often run as a pair. Prolonging the life of the field could allow higher total production over the long run, but conversely ..a big jump in production could burn the shorts- and turn their greed into the dilusionary nightmare they so well deserve.Get rid if the shorts and the pps would be $15+.if anyone has any other hot stocks please post immediately.I live on a big fixed income and always need to dump off more cash... and also check out rageing river exploration making new highs daily rrx.to (canadian toronto exc) or rrenf ( pinksheets)
Raging River Exploration (RRX-TSX), explains the waterflood potential for increaseng recovery in their power point presentation. RRX-TSX expects in 1 million mre recoverable barrels of oil per square mile, resulting from waterflooding which should cost of $5–10 barrel, vs. $30 barrel for the first 600,000 barrels.
Raging River is working the Viking formation in Southwest Saskatchewan. now the expanded potential increases from 2 billion barrels of oil to as much as 6 billion barrels of oil by using horizontal drilling and waterflooding to increase 2ndary recovery.
expect many opportunities ( in stocks-look for it) from reworking old 'know areas' from many companies using ;newer technologies with fracturing,viable pricing levels of the products, multiple wells on a single big pad,better drill targeting. A good operator could drill and hit a coffee can from 1/2 mile away.Alot of properties and reserves were abandoned in previous years effective recovery was not possible at lower oil pricing .
Provocatuer , inciting debachery through fraud, arrogance, and decetion.the painful trade off is the loss of value and reversal of upward trend.
Sure it can ; as soon as big bucks generates another "scare article" by some stock picking rag- to induce squirrly investors to dump their shares. Then big bucks loads up cheaply and continue upwards.
That's why i want Justin Bieber on the CMS Board. He is good at raising funds, often seen in a new jet, and to certain segments is entertaining.