Wednesday August 24, 2016
Katie Hopkins, France and most folks so wrong on Burqa ban and gagging Islamofascists
EU leaders react to Brexit by ignoring the little people even more
Inbred chavs on Isle of Wight get their man: David Hoare of Ofsted walks

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , , ,

Range Resources: Slam Dunk sell or cute punt?

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

AIM listed oil producer and explorer Range Resources (RRL) is a stock beloved of penny share bulletin board punters. That, I suppose, should be a good reason not to buy. I must admit that in my heart I would rate this as a slam dunk sell but there is just a chance that the shares are cheap. Let me explain.

We start with the strange goings on in Puntland. For those of you not familiar with Range this is not a parallel universe inhabited by a race of people entirely cloned from Evil Knievil, but a place which is now, after years of strife, autonomous from Somalia. I should say that it is not the sort of place you would really choose to do business, let alone go for a break in the sun, but there just may be a lot of oil there.

Read the full article on ADVFN | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.