GGP 0.00% 0.6¢ golden gate petroleum ltd

ggp has turned the corner - onwards and upward, page-34

  1. 8,814 Posts.
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    1031,

    Your assumption of everything is so poor, including how long I have been investing. I was trading a lot longer than what my profile tells and a late comer to HC not knowing it existed. It has been way longer than that and really its none of your business.

    My trading stratergy and clearly like many others here are so different to yours. I care where my money goes and what companies do on my long term investments on several I have and successfully trade on others, not making huge profits but a profit at least and move on. I DO NOT put ALL my EGGS in one basket.

    Clearly what is said here by many, you have your own mind made up in fantasy land that everything is ok and you will make huge profits from GGP. If needed to get out, I don't have a huge stake here and don't like the needs of your kind to tell me to get out or how to invest.

    Your sentiment for a STRONG BUY is so far off the mark its too ridiculous for words to describe or fathom out and I think 99% would agree. a total SPECCY stock with potential but a big question mark of a big rise in a hurry until a few more blanks are filled in.

    Honestly I would say you maybe lucky by Xmas to see .5 or .6c, with so much stock to CHURN through on its way and conversion of notes outstanding besides the DTers getting on the wagon and we all know what they can do.

    My sentiment is between none and hold and review my position everyday holding it and look for signs of weakness that can diminish its potential into the land of has beens. A loss of any more leases through non CDP compliance commitments will clearly show this in inability to raise enough for the next hori.

    Unless something extraordinary happens and the #s 1 and 2 wells find a new lease of life and the # 5 is a cracker, I cannot at this stage see how the 6 wells can raise JUST $7.5m ALONE for the next HORI and on top of all other expenses the company incurs till then.

    Until then I will gamble what I have invested in GGP and see if it has turned the corner by some means.
 
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