You said the same about new and tpet? Look at them now
Don't worry any possible literary hallucinations fit in quiet well on this BB considering the time scales involved. My camel swears there's an oasis around here somewhere. A couple of good friends in the oil and gas industry believe that the industry sees the Porcupine basin as the real deal. PVR need a good farmout deal on Barryroe to be sitting at that table and I think that when all is said and done they could be sitting on as low as 20%, how bad, to give them a free carry with cash in the bank to carry through with their other prospects, such as Spanish Point next year. Since Singleton they have no producing wells and being involved in some way in a producing Barryroe would give them some financial and industry credability while also giving the share price some long term stability in case they need to raise funds for such ambitious plans. I think LOGP and SLE will have both cashed in on Barryroe when the dust settles.
RE: Are the charts right?
Does anyone have validation information on these charts? Can they be relied upon as valid predictors of SP movements over the medium term? I know this share is massively undervalued right now. Are charts just so much cups and saucers and tea-leaves? I bought (twice) at what I thought was the bottom and then again on a small bounce. I'm overall down about 8% ytd. If chartists are right then maybe I need to educate myself more in this science...? Opinions?
lol...decent description ..of me here ...all a blur (apologies for dodgy 1990s Brit Pop allusion)
Probably something to do with all the thickheaded uckers here and on other BBs that have been on this camel far to long to give up now. Is that an oasis or a mirage up ahead???
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