Providence Resources - Negative Comments - Just to highlight a previous...

Just to highlight a previous point regarding negative comments from a particular person who holds no shares in Providence please see the response from Landsdowne CEO to a question yesterday at AGM regarding horizontal drilling.
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I asked about horizontal drilling,saying that there were a lot of complaints in various places online that one was not completed with the 2012 drill. The need for horizontal drilling is a red herring, (something basically perpetuated by Jimmy over on iii), and before the myth becomes real in peoples's consciousness, it is worth pointing out that Boldy said that not all companies neccessarily favour that approach in these shallow formations anyway, and although some might use that technique, others will prefer to put a few vertical holes down instead when it comes to production wells. Not an issue
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