Compared to your post: Posted: 22/05/09 11:49 Stock Price (at time of posting): 12c Sentiment: Hold Disclosure: Stock Held From: 60.241.xxx.xxx New Post Post Reply Thread View (+2) Back << Previous Post Next Post >> im holding heads too mate look at it this way its only half-time. 2 zones to go if I were you I would definitely hold
Philduc, I hope that I will have the opportunity of admitting I am wrong. But there is nothing in that ann. of substance. My other gasser wouldn't put out that sort of opinionated guff - they wait until they have sound figures. And how, if they are running the production casing, can they be "endeavouring to ... complete additional pay zones"?
Previously stated results were 900mcfd. Now they are of the opinion, based on indications, that it will be 2000mcfd, so yes, gas rates have increased significantly, the fraccing has been successful, but commercial? Not at today's prices!
GDN Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held