Providence Resources Share Discussion Threads

[hermana3] 01/6/2017 15:44

NK,The market is a horses' ass!

[hermana3] 01/6/2017 15:36

Early signs of a recovery here! Market Cap of less than £100m with 2 megadrills just round the corner. Unbelievable....

[bump3r] 01/6/2017 13:15

Ice max still in port with around 5 other oil rigs

[buffythebuffoon] 01/6/2017 10:21

People now know the drill will commence late June. You'll see a run up in the share price closer to the time. That's just the way it is. Expect to see the price driven further down just before some bigger players step on board.

Buffy

[timberwolf3] 01/6/2017 09:17

1cagney - :)

[eringael] 01/6/2017 09:03

Hope this further farmdown of Druid is close as the share needs something to stabilise this fall, someone is drop feeding a few million and we are down 20% because there is no appetite for the shares despite an impending massive drill

[bump3r] 01/6/2017 08:53

and there was me thinking Mike Reid had resurrected from the dead.

[1cagney] 01/6/2017 08:50

timber I thought that it was only Richie that 'unmasked' people :)

[timberwolf3] 01/6/2017 08:40

thevoid - your not Danny Dyer are you :)

[1cagney] 01/6/2017 08:34

Cheers Pap, you learn most from the expensive lessons !

[greatfull dead] 01/6/2017 08:05

TV,

Dark Star.....

ATB,
GD

[stockriser] 01/6/2017 08:01

Anyone who top-sliced will be looking to get back in now (nowabouts) ;-)

[cgod] 01/6/2017 07:50

Not looking that way!!!!!!

[thevoid] 31/5/2017 23:30

GD – herm … in my room I have a note I cribbed from I don’t know where. It reads:
A very wealthy man was asked how he made his money on the stock market. “Luck,” he said.
“I’ve always bought before the bottom and sold before the top. The first million is the hardest.”

I note all the comments today. I don’t share their concerns. The board is much stronger now. That is why I signed on last year.

I am sure there are plenty of bright young things on this bb who will do far better than me. But I am what I am. However, the good lady and I have done alright for a couple of East Enders.

And as I have said before, there are some good people on this bb. I hope this time round Providence will work for all of us.
tv

[zhockey] 31/5/2017 23:06

hxxps://srsroccoreport.com/shale-oil-gas-production-costs-spiral-higher-as-monstrous-decline-rates-eat-into-cash-flows

[papillon] 31/5/2017 22:42

Good post, 1cagney.

I hope the drill result is a good one for you. However I don't know what the odds are against it being a good result. It's definitely less than 50/50 that's for sure.

[1cagney] 31/5/2017 22:39

herm I accept your bona fides but the reality is that the big boys want to de risk as much as possible prior to drill just in case of a negative result. They can only do that if punters are encouraged enough to help them de-risk. This could be a reasonably expensive lesson for me and other private investors.

[papillon] 31/5/2017 22:32

I was aware runwaypaul used other aliases, bewarepaul. Some to post positively, others to post negatively, on the same stock.

[hermana3] 31/5/2017 22:03

1cag,Just perplexed by recent share price action. Still hopeful for drills and farmouts but hope the market isnt right.

[zhockey] 31/5/2017 22:01

Cgod,

Reread your post before selling up:

cgod - 24 May 2017 - 10:06:32 - 2515 of 2535

[1cagney] 31/5/2017 21:48

herm your eternal optimism and encouragement seem to be dissipating. Are you by any chance doubting urself or have u and daves job been done ?

[cgod] 31/5/2017 21:40

Some thing is now good here, going down when drilling soon, I now have a bad feeling about this, placing or what ever, looking to sell out tomorrow, if I can.

[bewarepaul] 31/5/2017 20:57

pappillon/steelwatch

I know papp has had dealings with runawaypaul and one of his names purple11. You are
aware that he is also moneytree1 and loveandmoney1 ?

He will trash your thread with all names given the chance.