Providence Resources Share Discussion Threads

[neo26] 04/8/2017 16:16

Idiots this well cost us nothing to drill thanks to cairn and total taking an slice. It hasn't wounded us one bit... :-) go and try it somewhere else...

Big deal, we live to fight another day....

[talkman2] 04/8/2017 16:12

The results today are embarrassing. No residual oil or gas shows just water . A total wash-out .

[kirk 6] 04/8/2017 16:11

Neo you never know happened many times before I think 5p is likely here

[neo26] 04/8/2017 16:10

PapillonIf I may add, even if drombeg doesn't come in for us, we are still massively undervalued.We have cash all the way to the end of 2018 to fulfill our license obligations, so we are in sound financial position.Hopefully we will get a farm in partners at Barryroe later this year.This is not over by long shot, too much going on with the company..Short term it is miserable.Next 12-14 days hopefully drombeg TD will be reached.. Fingers crossed, but I have written off drombeg also..Interested to know whether avo responses for both druid and drombeg were same?

[papillon] 04/8/2017 16:02

LOL, Evil_doctor_facilier.

One thing you can say about, Stockriser, is that he's CONSISTENT! His optimism never falters, never wavers. However, as SEA proved, his optimism is often, sadly, misplaced! I hope Dromberg comes good for you; you need to get lucky sometime, Stockriser!

[neo26] 04/8/2017 16:00

KirkU are really stupid that it will fall under cash value so what are you valuing Barryroe and all other licenses at 0?.Seriously stupid, 5p will bring mkt cap to around 30m...Lololololololol

[papillon] 04/8/2017 15:54

I've got falia on filter, that way you don't have to read his idiotic posts. He's a notorious (as well as stupid!) ramper, jumping on every bandwagon.

[evil_doctor_facilier] 04/8/2017 15:50

Not all bad news, according to annalists at Evian, the find could be worth millions...

[pre] 04/8/2017 15:26

Good post stockriser, Drombeg, Avalon, Barryroe have huge potential to name a few:

Stockriser4 Aug '17 - 14:38 - 50245 of 50247 2 0
Imagine being invested in a company who are to drill a well in 2.2km of water and the well is actually located at a depth of 2.8km below the seabed. Losts of risks/potential issues i.e. positioning the conductor, guide tube, casing and BOP to name a few.

Now with Drombeg, all those risks are eliminated as everything is in place from Druid. What an exceptional situation to be in ;-)

only 1000m's to go, or is it 900m's, and it's all paid for.

I'm in :-)

[kirk 6] 04/8/2017 15:12

This is surely going to fall to 5p now

[richie666] 04/8/2017 14:51

Knives out for our Dear Leader today. People and money eh? He should have been replaced last year and a merger with a cash rich player to exploit Barryroe pursued.

C'est la vie.

[stockriser] 04/8/2017 14:38

Imagine being invested in a company who are to drill a well in 2.2km of water and the well is actually located at a depth of 2.8km below the seabed. Losts of risks/potential issues i.e. positioning the conductor, guide tube, casing and BOP to name a few.

Now with Drombeg, all those risks are eliminated as everything is in place from Druid. What an exceptional situation to be in ;-)

only 1000m's to go, or is it 900m's, and it's all paid for.

I'm in :-)

[falia] 04/8/2017 14:18

GUYS ECHO RISING AGAIN

[filterwest] 04/8/2017 14:01

ngms27 - have you bought in or you are a holder?

[neo26] 04/8/2017 13:55

I think within two weeks we will know the results of Drombeg.Imho

[hermana3] 04/8/2017 13:20

Steel,Drombeg is a different type of play too(Cretaceous). PVR fancied it long before Schlumbeger did their research. The seal and trap will be better so where there is life there is hope.A few more weeks of sweating of course...

[pre] 04/8/2017 13:13

3 x 100k buys in past few minutes...

[tidy 2] 04/8/2017 13:13

The writing is on the wall don't take more punishment guys. Move to a stock to make back loses before they increase here.

[steelwatch] 04/8/2017 13:12

herm - the drill bit's still active and, not too long ago, we'd never heard of Druid...

[hermana3] 04/8/2017 13:06

Somebody needs too! It is either that or the bottle of whiskey and the loaded shotgun...

[ccr1958] 04/8/2017 13:04

Oh well .. it will rise from here .. I will reach for my dry powder in a minute ..

[funtimejonny] 04/8/2017 13:00

Sure tis a cracker this one, to be sure...a wee cracker!

[cashandcard] 04/8/2017 12:51

What price IF/When Drombeg is announced as a discovery or (more likely) duster.Cash