Providence Resources - Re: PVR Stream Log - so my conclusion is that...

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10:53 03/04/2014

so my conclusion is that this share is tanking because of general market fear regarding funding exploration stocks and that pvr in particular will have to get funding from the market to continue its projects. yet they have a pot of oil in their backyard which they are in the process of selling. they seem to be continuing with their farm out discussions and going into detailed planning on getting it out of the ground. they are also debt free. which shows some financial discipline. also get the impression that there is a general negativity regarding pvr. people don't believe they can pull the rabit out of the hat. though not exactly sure what this is based on. seems fear & negativity are the the overriding reasons this share is so depressed. yet the facts speak otherwise. hope i won't be proven wrong.

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