RCFEF is a BUY ON RUMORS
mrpink33 Newsletter
MrPink33s Stock Newsletter “Let`s Make Money Together!” Hey, friends. Rarely do I send a second email about a stock as a follow up. However, when a situation like this one arises, I feel it both appropriate and necessary to do so.
I hope you read the previous email containing pertinent DD and information about RCFEF. If you didn`t read it or if you need to review it, you can check [1]THIS LINK. I encouragen you to check out the information on this stock and give serious consideration to establishing a position if you have not yet done so.
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1. http://mrpink33.us1.list-manage.com/track/clicku2301f6458f5c0191572b140&id=f72f8fd961&e=e9c70088ba Very rarely do I go as heavily into one stock as I am in RCFEF. Plus, my current entry average is above the current PPS of 0.28. But, I am not concerened. I am a buyer on rumors as you should always be in trading stocks. The talk and chatter and rumors surrounding this stock are mind boggling. I cannot remember a time when I felt this good. I am a table pounder for RCFEF. I rarely if ever give price predictions, but in all honesty, I am going to be quite surprised if RCFEF does not get into DOLLAR LAND.
Be sure and check the following iHub posts for some further DD and details.
[2]http://investorshub.advfn.com/boards/read_msg.aspxmessage_id2538 89 [3].http://investorshub.advfn.com/boards/read_msg.aspxmessage_id375 306 Links:
2. http://mrpink33.us1.list-manage1.com/track/clicku2301f6458f5c0191572b140&id=a0702bff35&e=e9c70088ba 3. http://mrpink33.us1.list-manage.com/track/clicku2301f6458f5c0191572b140&id=e311de2c56&e=e9c70088ba Plus, this PR came out on Wednesday, after the initial email had been sent.
RainChief Energy Inc. (OTCBB: RCFEF) today introduced their Gulf Jensen [4]Prospect development partner, Nueva Oil & Gas. RainChief and Nueva will jointly develop the New Mexico-based property that holds 2,044 acres of oil and gas leases.
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4. http://mrpink33.us1.list-manage2.com/track/clicku2301f6458f5c0191572b140&id=5be13a99e7&e=e9c70088ba Nueva is headed by well-know Canadian oilman,Norman Mackenzie, who is also Founder and Director of C&C Energia. C&C is a publicly traded, independent oil and gas company that trades under the symbol “CZE” on the Toronto Stock Exchange (TSX). The company`s operations are in Colombia, South America with offices in Bogota, Colombia and Calgary, Canada. C&C currently operates 100% of its oil production, holds interests in eight blocks in Colombia totaling 647,500 acres (559,000 net acres) and has over 70 full time employees.
C&C reported record results for the fourth quarter 2011 highlighted by a 64% increase in average daily production from the fourth quarter 2010 to 10,493 barrels of oil per day (“bopd”), a 52% year-over-year increase in proved reserves and replaced 255% of 2011 production.
Average daily production for 2011 was 8,455 bopd, a 45% increase from 2010. [5]Funds flow from operations for the fourth quarter and full-year are approximately$41.3 million and $129.0 million respectively, an increase of over 60% from the prior year. C&C has a strong balance sheet with a $75.4 million adjusted working capital surplus (including $94.2 million in cash) and no debt.
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5. http://mrpink33.us1.list-manage.com/track/clicku2301f6458f5c0191572b140&id=9ef136a5f3&e=e9c70088ba Mr. Mackenzie has over 30 years of experience in the oil and gas industry, having served as both CEO and President of Scarboro Resources and Scimitar Hydrocarbons. He has spent many years working as an independent consultant in the oil and gas industry in Western Canada.
Mr. Mackenzie received a B.A. in Politics and Law from the University of Cape Town in South Africa in 1969.
In introducing Nueva and Mr. Mackenzie, RainChief CEO, Paul Heney stated, “Our Gulf Jensen partnership with Nueva, and Norman Mackenzie in particular, adds both a level of expertise and depth of knowledge that bodes well for the successful development of this potentially valuable oil and gas property. With our agreement now finalized, we look forward to working with Nueva and aggressively developing the Prospect.” The Gulf Jensen Prospect is located in the New Mexico portion of the Permian Basin, an area covering portions of west-central Texas and southeast New Mexico. The Basin produces 17% of United States crude oil and represents two-thirds of Texas` current oil production. Proven US reserves are second only to Alaska. The Permian Basin, with production targets from 1,000 to 20,000+ feet in depth, has produced over 20 billion barrels of oil since the first oil well was developed and drilled in 1921. Based on today`s [6]oil prices the Basin`s historical volume would be valued at approximately $2 trillion. The New Mexico portion of Basin holds three of the 100 largest oil fields in the United States.
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