GDN 0.00% 1.7¢ golden state resources limited

build up, page-15

  1. 4,289 Posts.
    Ah well at least if gdn heads are at 11.5c mine will have covered the loss on my oppies but only just.

    I have a question for anyone who may like to answer it.

    If we don't recieve news in the short term, what could be reasons for this. If the company were to decide to extend the build up/shut in as pressure was still building what would this mean. If my theory is correct it would mean bigger resource, which would be good. If wisdom is on the mark and they are still waiting for a void to fill I guess that could potentially be a bad thing(possibility of losing all gas into a void). Announcements, as we all know, aren't always forthcoming so if we haven't recieved news by the percieved date(10 days from shut in), will we see another sell off, or will it be seen as positive. We may not see news until the quarterly, which should be out next friday or the following monday at the latest. People have nominated the 26th as the day for news but what if we don't get it. With the quarterly so close it could be put off until then. If pressure is still building in the well it could be even longer. Wisdoms theories on timing a run would be looking strong at that stage. I hope he's onto something as there are a lot of posters on here I'd love to see profit after all this heartache, and for the non-believers plenty of chances to jump in from when market sentiment changes, to when us die hards are in profit.

    Good luck again to us all
    B Rubes
 
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