GDN golden state resources limited

price setting period again, page-19

  1. 1,364 Posts.
    Have not got it wrong since August 07.

    It has to date been one of the most predictable stocks to trade. When the churn (volume starts) get on - when the placement is announced get out. If my memory serves me correctly (11cents up to 33 cents around Sep 07 - RS sold shares PLACEMENT) (white canyon deal) - (7cents - 17 cents May 08 PLACEMENT) - then the latest little fluctuation.

    Behind each and every rise since the water well has been a churn. Those that cough the cash up do very nicely. Those that believe and believe and believe buy them up and give them their little churn return.

    I have always maintained that I am prepared to be proven wrong. But to date no one on here has put up a set of figures converting the upside gas into dollars and cents.

    For an explorer 'GDN' has a very nice premium to its cash backing. As for Para 1 - it did not get anywhere near its 'minimum' targeted flow.

    Show me the numbers people and make me a believer.

    IMO

 
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