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Monday, 16 May 2011

Edenville Energy! EDL

Edenville Energy issued an update RNS this morning stating that they are fully funded and ready to start drilling in 6 weeks time! Good news as people have become a little nervous and the sp has fallen from 1.75p which I bought at to 1.05p last week The sp has started to move up a little now and the share is being ramped across LSE boards.

Following my post about GNC last week the sp has been rising this morning so hopefully it will continue to rise as the interim results are next Tuesday! I could do with a little success as I still haven't sold anything for over 6 weeks!!!

The markets are very depressed today because of the situation in Greece and its possible renegotiation ofits debts, plus the  arrest of D Strauss-Kahn in New York on rape charges has had an effect on the Euro. Makes people more risk averse.

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