GDN golden state resources limited
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value of 2 million cubic feet of gas, page-3

  1. BazzleDog
    5,003 Posts.
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    08/06/10
    21:14
    Post #: 6784914
    I.E... the market cap of GDN should have increased $40,000,000 using your $2m per year valuation on a 20 year life span.

    The market basically said today that this $20m to $100m value of this well is worth less than it was before it was drilled.

    GDN Price at posting: 9.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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