Ridgeline Energy Services Inc. (RLE)


Ridgeline Energy Services Inc (CVE:RLE) (PINK:RGDEF) Completes A Funding Round June 14, 2012

Ridgeline Energy Services Inc ( CVE:RLE ) (PINK:RGDEF) stock price rallied after the company completed a bought deal financing and is now able to proceed with the planned key developments. RLE had the stock price fly up 6% on Wednesday under a trading volume of 2.4 million which was ten times heavier than the average daily turnover of 231 thousand. Technically it looks like the stock would have the required potential to break above the resistance at 70 cents per share. However, the nature...read more