GDN golden state resources limited

flare igniter drum a dead giveaway, page-18

  1. 2,988 Posts.
    To me it looks more like they have disconnected the fuel hose from one of the cars and are aiming it at a beer can on the other side of one of the holes they use to cr@p in.

    I'm in two minds - one says take money off the table while your almost level (average about 50c since buying more at 80-90cc after previously free carrying - DOH!) - other says that about half of my holding is now almost 11 months old and if somethng good does happen shortly (getting less and less optimistic about this) I'll have a tax break on it.

    IMO the chance of success is now higher than it was one month ago when we didn't know if any gas would flow. Then I considered chance of success as 20%, now I consider chance closer to 50%, so if I held then at $1.17, why would I sell now at 49c? (though of course I would have IF I had known this would happen to SP as I could have reloaded with twice as many now and still had change. Anyway the money is already written off in my mind (who needs that new Merc anyhow - always really wanted to drive a '67 corolla anyway - sigh...)

    If this proves up I think we'll creep back to $1 or higher - If not I'll be looking for a nice comfy cardboard box and a dry bit of pavement....
 
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