GDN golden state resources limited

good or bad, page-45

  1. 4,789 Posts.
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    raks i thank you for your comments and concerns here. I agree with you on several points. I beleive we are now at the price they should be based on known gas and WCU shares. The sell down has put it back to reality and not the inflated HC pricing, I beleive there was a good post on this saying that once a HC price is at max then the smart money has already made money and got most cash out. I said yesterday I was pulling back until the next update. I am happy with the update and have bought more at these levels as I still see value in the stock at this price. Its still a risk and as per my other post young players should not put the family house on this stock. Note the WCU decisions is now due and that means they are close to production from that point which may raise the value GDN holds. Good potential upside from this point on. For those in at 17c+ sell now in panic or hold on till next pay zone, I know what I would be doing, however each to there own!
 
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