GGP 0.00% 0.6¢ golden gate petroleum ltd

positive news, page-75

  1. 1,720 Posts.
    A few here have said that production has increased, that is incorrect as far as I can see as the production reports tell otherwise, and I seem to remember someone joked (I think) that it increased ten fold - we all wish LOL.

    Maybe the market has discounted the SP with the fall-off of production from 2,355 BOE at Sept last year down to 1,351 BOE to the end of Feb this year, So you don't have to be an Albert Einstein looking at these figures then add in legal wrangles, register growing exponentially, funding issues to see why some have dumped in large lots.

    I will buy more at the right price as a lot more shares are hitting the register shortly I believe and what effect this has on the SP we wait and see. I agree with a lot of what Katoom has said lately and sometime there will more than likely be a consolidation, I just hope I'm all out before that happens. May be a good stock to be in once we know where the company stands, and as sure as ducks can fly we don't know that answer to the puzzle yet.


    I keep a track of many important bits of data on all the stocks that I put my money into and the table below is from the GGP production & drilling reports, I have checked the figures and as far as I can see I haven't made any errors, that's not to say bank on it, so those who are interested check the figures for yourself.

    This data is from when they started to release the reports last year, so I believe I have recorded them all.


 
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