Red Sea Oil Corporation (RSO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Greywolf who wrote (234)	6/9/1999 9:54:00 PM
From: Donald Lickman	Read Replies (1) of 332

What more could we ask for: A big economical discovery with a development plan in place, a ton of new working capital, several giant size prospects to drill, world's lowest cost production and a billionaire promoter. I too was accumulating during the "dark period" and I still feel RSO is a clear opportunity for a long term play on oil. Mr. Lundin did the right thing for the shareholders, glad LOILY didn't launch the takeover. Mind you he controls a disclosed 68% of RSO's stock and put up the vast majority of the recent $47 million funding himself! My only concern is the price of oil looks dull in the near term but that's always a wild card. Good thing RSO's discovery will be the lowest cost producer in the world!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next