Once again unlike you Buddha I have taken my losses and been able to generate a profit elsewhere so I have no regrets taking my losses.
And "you know the Golden eagle field has the ability to produce" well I dont know that and neither do you or mangagement and I they did know retail investors would be the last to know! (and you know that is true).
Although I do not believe this field will be a success mainly due to the depths they are drilling. Not many wells have tried to drill deeper like gdn are trying to do. According to the utah oil gas website for wells drilled to leadville they only found 7 that drilled to leadville below 10 000 feet, only 1 of those wells was productive...so the chance of a big gas strike at these depths in quite small IMO
SELL
- Forums
- ASX - By Stock
- GDN
- in the pipe line
in the pipe line, page-6
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)