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Whats going on with Providence Resources- share price has shot up this week

  • 04-11-2010 11:46am
    #1
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭


    The share price was 180 on Monday, its now 294. I can't find any news as to why its taking off. Anyone have any idea?


Comments

  • #2
    listermint
    Registered Users, Registered Users 2 Posts: 34,216 ✭✭✭✭listermint


    Oil find off dublin coast> ?


  • #3
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    something big seems to be going on, feel like taking a punt on this


  • #4
    listermint
    Registered Users, Registered Users 2 Posts: 34,216 ✭✭✭✭listermint


    Speculation in the star yesterday off a oil find at their Dalkey Site 10Km out. 685 Million barrels. But it is the star....


    http://www.businessworld.ie/bworld/livenews.htm?a=2678917


  • #5
    Comordha
    Closed Accounts Posts: 562 ✭✭✭Comordha


    Are you guys actually for real? What kind of investors are you? It has been all over the radio and papers, you are either blind, deaf or else useless investors who don't even pay attention to current events. "I'm thinking of taking a punt", "There's something going on", etc. Sounds like pure gambling to me lads, stick to the Lotto and the Horses.


  • #6
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    Yeah just seen that, the company made an announcement on Tuesday. For some reason the story wasn't showing up on my bloomberg app.

    http://www.independent.ie/national-news/gold-coast-strikes-it-lucky-2405049.html


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  • #7
    listermint
    Registered Users, Registered Users 2 Posts: 34,216 ✭✭✭✭listermint


    Comordha wrote: »
    Are you guys actually for real? What kind of investors are you?



    I am not one, I had seen all the reports days ago and was refering the original poster to them, thank you for your concern on my situation though. :cool:


  • #8
    listermint
    Registered Users, Registered Users 2 Posts: 34,216 ✭✭✭✭listermint


    oh and re-read your post again,

    Knock the condescending tone down some. Its not helpful to other posters and franky makes you look in a poor light. ;)


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