PV1 4.76% 2.0¢ provaris energy ltd

Ann: TTE Amended US Activity Update , page-3

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  1. 2,057 Posts.
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    What?

    The reason the shareprice went backwards was because we had less money than we expected in the qtrly. There was real concern from holders that we would need a CR, and at a price of .7c that would of been a knock out blow for long term holders.

    This loan is a great thing IMO, it shows that Garner has real confidence in what we are achieving and will achieve in the future. Now that a CR is out of the picture in this qtr at least, we should see the sp climb, because this company with a 11m dollar MC is just ridiculous.

    GLTA all IMHO
 
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