1151 [Dow Jones] Golden State Resources (GDN.AU) extends slump to near 10-month low of 26.5 cents before support kicks in, last down 3 cents at 29 cents on volume of 5.4 million shares, a fraction of April A$1.26 high. Investors disappointed in latest test results on Paradox Basin-1 well, Utah, which at this stage point to at best modest flow of natural gas, a long way short of monster reservoir drilling targeted but didn't appear to penetrate. (RCB
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held