comprehension skills, page-4

The sellers today have very poor comprehension skills.

* They cant understand why we no longer get drilling status reports from Paradox
* They cant understand how the company will remain solvent in the short term, given its cash-on-hand and current burn rate
* They cant understand why Richard Sciano has gone quiet and the Exploration Director signs important announcements such as a new Uranium venture
* They cant understand why a company such as White Canyon Exploration LLC (which according to some posters with advanced comprehension skills own a Uranium resource capable of delivering ten of millions of Annual Profit starting this year) would agree to an equal partnership with GDN which has nothing more than a Uranium property with 'exploration potential'

Why ?
Because its all bullshiite. Thats why.


Warnies response below

What a load of carp CKent
Only those that have sold out as the 2 have stated on the thread below me believe that is what has happened which is quite ridiculous, the conspiracy theories don't wash .

Firstly, I think you will find that GDN have actually drilled through McCracken as well as Leadville and are running DST tests on all the zones not just Leadville therefore it does take a while.

Results are not back yet and when they are im sure we will all get to know who is right and who is wrong in regards to it being a duster as some mo.ons in here think it will be.

Everyone is hoping for the ann Monday but most likely case is Tuesday so Monday is last chance to buy at a low price imo.

You say Richard has gone quite but in fact I spoke to him just yeasterday to ask about when the DST results may in fact be ready to ann so quite no.

Again with drill results, no point providing drill results until the DST results then they can provide all the info in one, or would u prefer they say "drilled through McCracken and need to run DST results, what would be the point????

And the SP dropped 74c to 68c and why??? Because apart from traders who were clearly stuck in the stock while in TH and Suspension and needed to get out, there were/are also those who have held a long time such as I think Football star and someone else who is on this thread, that only see a dropping SP and cant see the bigger picture, and then they unfortunately listen to uninformed people like yourself who dont even own the stock but have all of the miracle answers, but hey if they needed out then thats their choice, its kinda good as it meant cheaper stock for me and others so I should actually thank them.I understand that everyone has their breaking point.

Uranium- again the Uranium venture has been put together over 6 months and not 2 weeks as u seem to believe, and yes the timing is the timing, when would u want them to announce the deal, after the gas results, before ,during, does it really f..ken matter??
The U deal, its not the be all the real deal at the moment is the GAS so try to seperate the 2.

So if the results from the Gas wells are as shocking as the downrampers think, then why isnt the SP more like 20c as every man and his dog would have got out??

what happends if the gas results (which have been 6-9 months in the making) actually turn out to be good and then the oppies are in the money and the SP heads north???
What will u be saying then to those that you have fooled into selling based on a dipping SP which from memory went from 60c to 1.20 and now almost back again which again tells me that the only reason is this

- people wanted to hear Leadville was MAJOR GAS SHOWS and have sold because of this and the fact they think the company will run out of cash. Fine we all have choices.
Remember Leadville was set up as one of their major target areas a long long time ago but this doesnt mean 12 months down the track it turns out this way, they have already encountered major hits in other zones, do people forget this, also as the Leadville depths, major is not something you would generally know without running flow tests anyway .

A lot can change as u start to drill into such a large well, but again they can only provide details of what they have seen, DST results will be the key.

Do people forget they have already had major gas shows in other zones, and a minor gas show at the depth Leadville is really doesnt mean much at all, just because their indication was a minor show, they haven't done any DST testing and could only tell the market what they had discovered and not make up bshi.te to make the market feel happy.

I for one have been luckily enough to have a neighbor who manages several drilling rigs for a living and has studied the results,maps,data and so forth on this well and he tells me that there is zero chance of it being a duster, how much gas who knows, although the sharemarket think they know how ridiculous, but anyway the facts will prevail through the DST results and then we will all know, I tend to listen to expert rather than share trader with no knowledge of drilling whatsoever.

And another thing, remember as its dropping someone has to be buying, are they the silly ones or are the sellers who have either had enough, or want out at any sort of profit, or have bought up too high and cant watch it drop any further, or think its a duster well, or think they will run out of cash, I guess time will tell wont it.................good luck holders.