GDN 0.00% 1.7¢ golden state resources limited

tide appears to be going out again, page-12

  1. 91 Posts.
    This is one out of left field for you all to consider. What might be spooking investers:

    SOVEREIGN RISK. Yes, in the good old US of A.

    Obama has just signed legislation nationalizing the healthcare industry. Socialists also like to control energy.

    Now I will tell you why this doesn't spook me: the legislation is being challenged by over 30 states. So it will be a long long time before it is guaranteed to become law, let alone for them to move onto the next steps in their plans. By that time - even if it does come to pass - GDN should already have sold a lot of gas & made some money (or become TO targets.)
 
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