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Ann: Quarterly Report, page-161

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BangForYourBuck

603 Posts.

129

13/02/18

08:49

Post #: 31010764
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Originally posted by mariolordz ↑

As a long term holder of PRL, but very rare poster on its forums (it appears for good reason), I just wanted to come out of my silence to note that a lot of you have seemingly very little patience regarding this company.

Some of the expectations you're placing on this company regarding delivering on drilling of a frontier exploration in an untested environment, in difficult conditions with paltry funding is pretty extreme.

My holding is very small, which I think goes some way to managing my own expectations, and reflects that this is a highly speculative investment.

But as I've said on posts relating to other small / micro caps that are 'up and comers', I really would rather management of these companies spent time focusing on getting sheet done, than worrying at all about what a bunch of HC posters amounting to likely less than 10% of the registry are doing in terms of shouting and making noise and running around like headless chickens.

I understand more than most that its been a long wait. And I'm sitting on a paper loss which I'm sure is the same for many of us. But I believe in the idea and the fundamental story of this exploration is largely unchanged if you think about it. I mean is the quality of what lies in well 2 really any different at all to when we received results from well 1? No. A lot of you need to desist in conflating the difficulties of the environment in which PRL operates, with the fundamentals of potential of the exploration.

Just my 2 cents.

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Very well said. You should post more often.

PRL Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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