GDN golden state resources limited

proactive investor presentation - report, page-53

  1. 16 Posts.
    One person on this forum complained that when GDN stoped drilling and went on commercial testing was the end of the day for GDN.

    I really do not understand his logic. I thought the company's stragey of going commercial is very sound and of long term significance. After commercial, they will have cash-flow which could be used for further drilling or exploration. When they just drill, it may create some hopes for those short term share traders looking for some news to make quick bucks. However, I do not see how it is good for the company.

 
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