GDN 0.00% 1.7¢ golden state resources limited

trend reversal, page-33

  1. 2,661 Posts.
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    Binsun

    what the hell are you talking about. NOW YOU ARE A SELLER. gees you are a precious little gem. I suppose some others are removing the deck chair as well.

    HAHAHAHHAHAH.....love ya work though.



    Code: GDN - GOLDEN STATE RESOURCES LIMITED (Google GDN) Post: 2799134 Reply to: #2798993 from Katana Views: 519
    Posted: 28/04/08 11:51 Sentiment: Buy Disclosure: Stock Held From: 122.248.xxx.xxx

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    Do not worry about the funding at all. The drilling program for oil and gas is cheap and short than other mining stuff. If they do not hit anything, then you can scrap GDN all together, if they hit something, then the price will be at least 80c in very short period of time.

    20c is just entry level for such stock to close to the action. If there is a delay in drilling preparation, you might see the SP back to 15c, which is normal.

    All you need to do is to consider whether you are prepared to sacrifise 20c per share if they drill nothing and hoping you can sell at 80c per share if they hit anything.
 
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