Member Info for TEAMSKINT

Here we go again
This is exactly what happened at ROSE time and time agin

Will someone please explain why with all this positive news the share price has plummeted 20%

bought in again small today and still the price goes down! What is going on here??

As another very long term Rose investor I too seem to remember something about a pipeline type infrastructure in place to link up with another facility???
Maybe its valued in here somehow or was part of the original offering when the latest board decided to take matters on??

Posted on this board this week for the first time in over a year. I don't recognise any of the poster's showing at this time but good to see the bickering still going on! Need this to get to 2p to break even. Next week will probably be the best time to judge all recent comment etc. GLA

have hold this for over 5 years now and been averaging down on 7 different occasions now. Still think this is a runner albeit an outside bet. Malcy seems very positive so this time next year.............

brief paragraph today on his blog

with the best opportunity ever this is still sinking like a stone.......

Malcys blog seems positive on all of this

Its now or never. Anyone out there buying in now with a 20% spread?!

ose has signed a database agreement with Encore with respect to the company’s USA uranium exploration project which nets, when Encore shares are sold, around $300,000. Rose, through VANE will keep an option to participate in the project at development stage subject to various price points. The deal also gives Encore rights to participate in certain other uranium projects VANE owns under the same terms.

With the exciting hydrocarbon projects that Rose has in the Paradox Basin these mining assets are clearly non-core but still have considerable potential (The company’s Vanadium project is rapidly increasing in value in line with the price which has risen from $5lb to $29lb, giving a per ton value of $515/ton, a significant improvement for the company). This puts Rose is in a strong position, being able to take some money off this particular table in order to pursue what look like significantly larger prizes.

Spread seems more reasonable at the moment.... anyone buying?

I emailed Malcy and his blog requesting his expert thoughts on Rose as a future potential. A couple of weeks on and no response.
he seems to comment on most of the oilers but not this one!!

anybody on the forum buying in here at all at the moment?

t's a common theme among Utah's junior explorers. Rose Petroleum, formerly a mining company, pivoted into oil exploration in 2013, when crude was topping $100 a barrel. Enefit, the oil-shale company, started buying acreage in Utah around the same time. Both companies had to pull back when prices crashed in 2014, the start of a downturn that bankrupted 144 exploration companies, according to law firm Haynes and Boone LLP.
Now Enefit is in the final stages of permitting for its plant, and Rose plans to spud its first well in the fall. Blyumkin said he invested nearly $10 million of his own money into Petroteq, which he said will produce its first 1,000 barrels in September.
‘Same Boat'
“Everyone is really in the same boat,” said Rose Chief Executive Officer Matthew Idiens. “Money gets attracted to big things as long as people think the oil price is going to stay where it is.”

Rose Petroleum (LON:ROSE) announced on June 22nd the result of the competent person's report ("CPR") by Gaffney Cline & Associates ("GCA") relating to Rose Petroleum’s acreage in the Paradox Basin, Utah. The CPR analyses the results of a 3D seismic acquisition completed in late 2017. The report provides a classification of Rose’s contingent resources, outlined in the table below. A useful summary of definitions is contained in the following web link. Details are also in the Rose Petroleum press release of June 22nd.


We believe that in order to achieve the well completion in the fourth quarter (Q4) of 2018, we would expect to see drill permits and a financing partner both announced during Q3. Once these milestones are in place, we believe that the share price could begin to more fully reflect the value of the Paradox Basin holding.

Take what you will from all of the latest comments on this forum. If you are all truly invested here, then there is no real option but to wait and see how it all pans out from here on.
Once again I have been buying in with small amounts recently to try to average down further. If (and that is if) this does take off then at least I might see some of my original tranche back! Anyone going to argue with that?
GLA

Rose Petroleum (LON:ROSE) announced the completion of the initial structural interpretation of the 3D seismic data it acquired over its Gunnison Valley Unit (GVU) which is part of its larger lease holding in the Paradox Basin, Utah, U.S.A. As a result of this work, key geological structures and multiple drilling targets have been identified, with to date 53 well locations identified in the Cane Creek reservoir zone alone. All options are envisaged, including joint venture and farm-in arrangements, to ensure that any dilution to existing shareholders is kept to an absolute minimum, while still realising the full value of the project.

just awaiting news............ not going anywhere near roof tops of bridges at the moment though!

bought in again today... more good money after bad? who knows but there must be some positive news soon ................

Having been invested here for 3 years or so, this has to be the best opportunity to recoup some of the large losses incurred. have averaged down a number of times including last week so hope for the best. Risks are indeed large, but nothing ventured etc...............