PV1 6.25% 3.0¢ provaris energy ltd

Littlecorn, the problem is not mgmt, the problem is the...

  1. 2,057 Posts.
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    Littlecorn, the problem is not mgmt, the problem is the shareholders, and the market at the moment. No one is interested in future growth stocks, everyone is either loading up on banks and other divi stocks, or if they are delving into the spec end of the market, they chase anything that moves.

    Mgmt has built up a nice little company and with dr 11, could turn into a big one.
    The fact of the matter is we are in a better position now than ever, with oil flowing, oil coming and shale on its way. The SP will come evetually, however it is a shame that long term investors are not being rewarded.

    Loyalty is what is needed for this company to grow, and IMO opinion it has been lacking (which goes for most companies). Investing in the spec end of the market, looks to be dead at the moment, people are much more short term oriented.

    Time delays happen, so what if it takes 10 days to drill a well and they said 6 days. In the grand scheme of thing what does that matter? What matters is if they get the oil, here's hoping its coming soon, so that we can all breath a sigh of relief and go into the dr 11 campaign with a positive sentiment.

    Enjoy the weekend, and hope for and oily next week ;)
 
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