GGP 0.00% 0.6¢ golden gate petroleum ltd

strong indication of a commercial discovery...

  1. 987 Posts.

    Today's update had only a few extra tidbits.

    But they are very significant imo.

    They include...

    "....it does provide a strong indication of a commercial discovery."

    and...

    "...the decision was made to run and cement in a production liner."

    Based on nearby wells it is reasonable to expect flow rates upwards of 500bopd, hopefully closer to 1000bopd.

    Stock price increasing daily on increasing daily volume, why fight the trend?

    One to watch leading into flow rates imo...



 
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