Club Mulgoa

Sunday, March 18, 2012

RRS

If any of you bought RRS, you will noticed it has gone up recently based on oil show in Puntland. I have no idea whether it is going to be in commercial quantity or not. The seismic studies suggests it is not small but many explorers end up with nothing. I paid very little for it so I am staying put. There are success elsewhere with this stock. Bu the big elusive ones are in Georgia and Somalia. There was failure in Georgia but there are more drilling to be done.

If you are a chicken or contented with a small decent profit, then sell now. Remember, a profit is a profit. And the most important thing in any investment is... not to make losses!

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