I got that impression from logp statement. It's a world class asset which no one is interested in. Yeah right!
would be nice to have it come good.. i wish i had faith in the company and i would average down a bit.
"Lansdowne also said Providence Resources is still looking for a farm-out partner for Barryroe." and yet we are suppose to have a deal by the end of the new year.. more BS from BS supremo TOR.
Well you have me there Desperate. According to TOR there is nothing wrong with Barryroe so that only leaves the managements inability to do a deal is at fault.
Thanks Desperate. But if odds were so low why take risk. That money would buy a few wells on barryroe. And the amount of oil there has never been doubted. Only the risk of compartmentalization has been the off putting factor. So if odds were so low why insist they drill it? Unless of course these big institutions want PVR to prove it for companies like station which I am sure they have sizeable holdings. I guess someday we will know the truth. He has only 3 more months now to get a deal done in 2015 before he again makes himself look like a bs merchant.
It's like an Instagram stock. Never done anything real to create value. Just lots of media attention. Lots of smoke but no fire. I still don't know what the truth is. No deal on barryroe. Now drilling in Atlantic. What chance of success? 50%?
does anyone know what the chances of success are?