GDN golden state resources limited

valuation, page-7

  1. 1,364 Posts.
    Nice work Sharemadder

    You understand this less than I thought.

    No bitterness from me my friend

    The predictability of this Company makes it easy to make money.

    Just because I have called everything they have done over the past few months almost to the letter, does not mean I don't reap the benefits of their deceptive nature.

    Perhaps you might be able to explain to the good people of the world why this stock has run like the wind over the past month, whilst its balance sheet deteriorates, its share holders become more diluted and its investments show no further signs of baring fruit.

    Its happened multiple times before and it will happen again.

    Remember When the people who have made this stock run all of a sudden stand up and say. "Thats it - I'm now in it for Free" - who will be left holding their stock.

    Anyway

    Bring on 17 cents tomorrow - then back she'll go again. Then up she'll go again and back......... until all the placement stock is gone..

    Have you figured out yet how they are going to raise the money for the next well if it every happens. Its sure to involve shareholder approval.

    IMO only
 
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