GGP 0.00% 0.6¢ golden gate petroleum ltd

cutlass sale and cash at hand., page-7

  1. 7,746 Posts.
    "Throw in the EF sale of $1.572mill we have a total of $4.772mill avail immediately plus the 2 x draw downs from the Lind facility so far."

    It definitely seems like we had enough to drill #6. I don't know why people were questioning our ability to drill it. We have a lot of money coming in even if it is dilutive.

    It does seem strange that #1 and 2 are on hold due to funding constraints given that we should have money left over from drilling #6. But the lease extension would eat into it a bit. And they have put some aside for a hori due to spud September if they dont stuff it up again.

    1031, a favourite stock doesn't mean you hold that stock. Just means you like something about it. Maybe it is in a feild of interest or a geographic region of interest or some other intrigueing aspect. I don't hold some of my favs.
 
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