Agree Datz... very different economic climate with some dilution to boot.
I was really hoping that support would build around .058 and .06 to get a base to move forward on... I know it's only low volume, but the hesitation to support this stock is prob an indication of the conservative high it will reach unless the playmakers at cunninghams decide to trade this up.
Remember when volume spiked over 140M and drove it up to about 0.41 on pretty much no news (late aug/early sept 07)... the broader market will not see value until hydrocarbons from para 2 are found and it's connected by a pipe to para 1 and who ever buys the gas. production by August is hopeful, but my mortgage won't be complaining...
Having said that, GDN was a pretty crazy ride... So for those lurking to chip in, whilst I'm a conservative realist, those who want to hear a ramp will be pleased to know that this thing has and will always have the ability to surprise... feel free to trade this up and let's all have a party... 0.25 is realistic... I'm still gunning for 0.4 to break even... I think with results this could get close to $1 not much more... but at the current price who would complain with a 15 bagger?
DYOR... but I HOLD
GDN Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
