Providence Resources Share Discussion Threads

[1cagney] 13/8/2020 17:44

Was Sobeit kicked out of here at any stage? Cos I'm playing with him like a cat plays with a ball of string on the other board.

[hermana3] 13/8/2020 17:27

Steel, That O'Reilly lad made a total "dogs dinner" of The Barryroe farmout process and trousered millions in the process. Laughing all the way to the bank he is....

[steelwatch] 13/8/2020 17:16

This time last year we were bombarded with Barryroe updates that came to naught. Let's hope this year it's a case of fire without smoke!

[1cagney] 13/8/2020 17:11

Mary, I totally agree. And I would add that anyone who knows me would not refer to me as sheepish. Au contraire

[contrarymary] 13/8/2020 17:07

I remain ever enthusiastic even though we may be waiting now for developments and the share price could sink as we get closer to October 31st. I even anticipate that negotiations may not be concluded by that date and may drag on longer. I am however very confident in recent developments and current management, and have faith in their ability to move this on and achieve significant value.

[1cagney] 13/8/2020 17:02

Jeez, didn't mean to wake people up :)
Herm, that 'old' comment stings. Middle aged I can handle.
Mary I'm in here up to my neck, and am only ever trying to provide balance.
The main reason I've stayed is that Pageant is one of the believers.
And on that ship I'll sink or soar.

[hermana3] 13/8/2020 16:50

Mary, Old Caggy has been here a while and knows this can be a frustrating ride lol....

[contrarymary] 13/8/2020 16:42

1cagney. You sound very sheepish. Maybe this investment isn't for you? I am happy to take the risk. Have bought and will hold for as long as I feel that there is a huge potential reward to be achieved.

[roadster750] 13/8/2020 16:40

"There you go again Moriaty" lol.

[hermana3] 13/8/2020 16:38

1cag, You pays your money and takes your chances as always.....

[1cagney] 13/8/2020 16:26

Mary, I don't mean to put a dampener on your Happy Holloween but if things don't go as planned and hoped for it could Nightmare on Elm Street

[aimbagger] 11/8/2020 16:22

Quite right Mary! Well pointed out

[hermana3] 11/8/2020 13:52

You are Spoton, Mary.

[contrarymary] 11/8/2020 13:50

I appreciate your notes AIMBagger. A slight correction is needed however as you suggest a farmout deal which is currently being worked on is due to conclude before October. My understanding is that under the deal SpotOn has a period of exclusivity until October 31st of this year, during which Providence plans to agree an appraisal work programme and develop commercial terms in an effort to conclude a binding farm-out agreement. It could make for a very happy Halloween.

[aimbagger] 11/8/2020 09:41

Yup, consolidating at the moment, weekly t like playing catch up. Next week could be fine with the golden cross forming this week.

[hermana3] 11/8/2020 09:25

AIM, Slight pause as we wait for Site Survey clearance and confirmation of details of farmout deal.

[aimbagger] 11/8/2020 09:14

Updated notes:https://twitter.com/aim_bagger/status/1293097966715260928?s=21

[aimbagger] 10/8/2020 21:46

Seem to be in a bit of a consolidation period at the moment but about to have a golden cross form on the weekly chart... extremely bullish!

[hermana3] 10/8/2020 12:36

Will be something for the delegates at October Atlantic Ireland meeting to digest,Steel

[steelwatch] 10/8/2020 12:30

herm is right:

[papillon] 10/8/2020 12:19

😂🤣 Never had any shares in HUR and don't follow the company. Just saw that steelwatch started a thread on HUR and commenting that a steelwatch thread is often the kiss of death to a share price!

There are similarities between PVR, LOGP & HUR. The share prices of all 3 are currently at a tiny fraction of their all time highs and the bombastic, over optimistic, target sp's of the rampers are now utterly laughable! 🤣

Buying any share is a gamble, especially a share listed on AIM. Anybody who thinks they are not gambling by currently holding PVR and/or LOGP must be soft in the head. They need to see a psychiatrist and urgently!

For your information, ContraryMary, I have no idea what the PVR share price will be next week, let alone next year, or the following year. It all depends on the RNS's released by the company. However it's self evident that over 90% of AIM listed O&G's fail to deliver on their hopes and promises. Over 90% turn out to destroy the wealth of their long term shareholders. Don't forget that 7 years ago PVR hit £7. If you have held PVR shares since then, like hermana and continually averaged down you will have lost a packet. If he is lucky and Barryroe comes up trumps he will recoup some of those losses. Will it come up trumps? No idea, but as it's an AIM listed O&G the odds are stacked against it!

I'm not bitter, ContraryMary. I only hold 2 shares, AMYT & GPM and both have done really well for me this year. Of course I could have done even better if I had bought PVR & LOGP at the end of March, early April, but as I've said until I'm blue in the face I no longer dabble in O&G shares! It's against my principles these days! 😁

[hermana3] 10/8/2020 12:16

RV Keary is mapping the shallow waters of Barryroe for The Geological Survey Office of Ireland.

[oilman55] 10/8/2020 12:02

MV Keary currently surveying Barryroe

On marine traffic