After 2 days where my internet connection has been down(Thanks SFR!!!), I find that Red Rock Resources has been doing well and the sp passed 8p before closing at 7.75p yesterday. Then today I have 3 RNS, from Edenville Energy, Victoria Oil and Gas and Pinnacle Telecom.
I read the Pinnacle Telecom on first, and they have acquired a new business which provides IP CCTV services. Although not a big acquisition, it is another set along the road to developing the company. So well done Alan Bonner!
The second and the best was from Victoria Oil and Gas, where they gave an update on the West Medvezhye site in Siberia. Here they are convinced that passive seismic surveys have found 400million barrels of oil and drilling commences in Q4 next year.
Finally, Edenville Energy issued a holdings notice, where Gradinex had reduced their holdings in the company, not good!
It will be interesting to see what the day brings on the market today!
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