This private placement pricing at 1.20 was done when the price was lower. Insiders are buying, including two of the new employees they just hired. Geologists and experienced land managers are in high demand so it's a compliment to Rival that not only did they attract experienced people but they decided to invest at market prices upon joining Rival.
Drilling success noted in PR should put Rival over 1200boepd. Bobwins
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