Providence Resources Forum

Further, several funds have recently bought up a decent amount of shares. They then who?

to believe they are anything but fools is tantamount to accusing them of fraud...

I wonder why, then, the credit rating agencies are much more optimistic and still believe in a brighter future for Providence, placing buy rating and predicting prices 3-4 times higher than it is now! There's probably not all fools

sequa petroleum have updated their latest news part of the web site with an egm announced for 24th of april. but nothing to do with barryroe it seems. so we wait

updated now and Showing Dr not Sir am i missing something [link]

"few weeks or month" statement from Tor really means nothing as he has no control or influence in relation to sequa,s funding issue. One thing is for sure, if we don't get some positive news soon this share price will start to slide again.

the "few weeks or a month" statement was published on Feb 25th

I would wager 1 PVR share that we will see the last of the holdings Rns' and then the news re BR...

has it been a month yet from last statement?

Various major issues geopolitical now could sent Oil Price Spiking very soon.

1: Iran Nuclear Negotiations. Cannot see the West lifting sanctions on Iran immediately as Iran has demanded. Congress would not accept this. France has many interests with Gulf States as well that would be affected. Many lobbying in USA against it not least US arms and Oil industry.
2: Yemen Conflict. Yemon effectively divided between Shiite Houthi militants and Sunni Puppet regime/Al Qaeda/Sunni Tribes. Saudi Arabia has mobilized its army on the border with Yemen and Iran sending weapons to their Houthi Brothers. All scenarios look bad for Saudi Arabia and Gulf Oil Emirates and their stability.
3: Congress in US votes 348 to 48 to provide offensive weapons to Western backed Rules in Kiev. Russia has warned that this will blow Minsk deal out of water and spread a lethal war throughout central Europe. Germany and France are opposed to these ARMS shipments.

I believe we are going to see some severe turbulence and Oil Prices may very well spike soon thereafter.