Tracking

Tuesday 30 August 2011

Edenville Energy EDL

Well, at last we have some news with an RNS this morning showing that EDL have found coal of reasonable quality but more importantly, they have discovered coal to the north of previous known coal deposits. It will be interesting to see what happens to the sp this week. Even though the market is very bad at the moment, I wonder will there be any upward movement? Certainly the sp is pretty dire at the moment, having dropped from the last placing price of 1.85p to currently stand at 0.35p!

Great little video interview with Kevin Foo, CEO of VOG and certainly maintains confidence in the company. I still see this as a company with an sp capability if double figures and have recently almost doubled my holding.

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