*Not everybody, perhaps less than 3% of holders have anywhere near the info and analysis of GDN which we have been privileged to accumulate. We tend to judge reactions of others as though they play in the same ball park - this is commonly known as forum syndrome. You need to judge reactions in isolation from YOUR knowledge.
*Brokers are currently advising clients not to invest in GDN stock until production figures are firmed up - this makes perfectly good sense, because you take a big risk advising people to place large investment on hope and opinion. The recent statement from directors that this well will be commercial also happened with No 1&2, although at that time fracing had not yet commenced. Brokers are also telling clients that oppys have timed out, this means that larger investors will not go there until the sp demonstrates that oppys are a goer. You cannot blame brokers and uninformed punters for not taking OUR position, we understand the meaning of fracing completed and that water is not an issue - they don't.
*We operate in a isolated vacuum with a very strong focus on this stock. After a while, because the market does not react on the same knowledge base as ourselves we can not see how the sp can possibly get over the hurdle to reach the oppy strike rate. When analysing management we needed to view operations from a BUSINESS point of view, in the same way, to predict market reaction you need to get in the mind of the prospective shareholder - most are advised by brokers and do not have the knowledge we have - what would you be doing with your holdings if you were running blind?
*If the market were being manipulated right now the sp would rip down below 4c. Nothing tells me this is the case and I doubt if conspiracy is a contributor to the sp.
Nothing I have seen tells me that my take on where and when things are going has changed.
For those who want to play games such as short trading or manipulation the whole thing can come back to bite them hard. Completing the zones and cleaning up the well does not take long. Once production testing commences in a few days it only takes less than a week before its all over. If we can get our heads out of the sand or forums, we will realise that the sp will soar on solid production outcomes and the associated publicity. There are a multitude of examples of market dog to market darling and this stock has all the ammo in place.
I will revise my stance but only on the basis of solid facts - not just on the market's whims and fancies.
(wisdom123)
GDN Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
