GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Permian Project Update , page-7

  1. 14,245 Posts.
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    "If these 2 are also good then I would hope the buying strength increases a lot which will stop the games and start pushing to at least one cent."

    Look beyond #1, #2 and #5

    What do you see ??

    I see another capital raising to fund the next well.

    I see more dilution.

    I see a possible consolidation, in an attempt to "fix" the stupendous amount of shares on the register. (I think most would agree that this could be the last nail in the coffin).

    I expect more notes will be issued, the dilution will continue, and the spiral will start all over again IMO

    I don't think "the games" will ever stop.

    We are just stuck in a vicious cycle, which has gained so much momentum now, it will be virtually impossible to stop IMO.

    From my perspective, nothing short of a miracle can fix this.

    TOOT, TOOT - the train has left the station alright.

    It's just a bl@@dy shame it's going the wrong way.

    All just my opinion.
 
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