GDN 0.00% 1.7¢ golden state resources limited

timeline to 9000 feet, page-8

  1. tcf
    6,882 Posts.
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    The program is a guessing game and with GDN management's track record on reporting we will be hung out for news every week.

    I recall the intitial drill rate on Para 1# was very slow - literally feet per day, week after week. This bigger rig may allow better drill rate but lets not hold our breaths.

    I will review the previous Para 1# drill rate regarding its first gas encounter and attempt to guess when we might expect a first show report and post it. Its difficult when we don't know (other than to assume somewhere after 2 Feb.)when the rig actually commenced drilling.
 
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