initforthemoney
Well said mate.
Gas and oil prospecting is always risky, and most don't find commercial success, someone on another forum said it was a 1 in 100 chance on these wells.
But everyone likes to abuse the company for this, and somehow this is ok.
Maybe mgmt is a tad over zealous in their announcements at times, that is my only criticism really, but then I'm no oiller
I took a gamble, if they find nothing I lose a bit, if they get lucky, it's the equivalent of picking 10 good stocks in a row.
Happy with my decision and will stick it out to see how the story ends
- Forums
- ASX - By Stock
- GDN
- Ann: Paradox Basin No 2 Update
Ann: Paradox Basin No 2 Update , page-28
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online