RNE 0.00% 7.9¢ renu energy limited

$ now is the time to buy $

  1. 3,567 Posts.
    If you haven't done your homework on GeoDynamics then I suggest you do.

    This stock is sitting on an absolute gold mine and the great thing is they don't have to find anything, it's already there!

    The technology received a boost when recently a French company got better than expected results in the communication between their wells. GDY has a much much better resource and is only weeks-months away from hydrolic stimulation which takes only two weeks. If they can get that working then I suspect the stock will be trading at $3-$5 and then move from there as the insto's buy in big time.

    Will it go gangbusters?? Yes if they can get the communication between the wells, the conditions are perfect and the company is all set to go. Pumps are in place for what could be the biggest ever "oil equivalent" discovery.
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