To be honest although the sp and general sentiment is depressing I'm very pleased with where the company is at. They haven't been in a better position imo. To give you an indication of the extremes the market can go to during Para#1 the market cap hit $170m without any flow testing or nothing just one wild cat well. Now they have $3m in cash 2 good wells (one in the crest) that are flowing gas (supposedly commercial) on minimal fraccing and the market is pricing the company at about $16.5m...for the people who say the market is always right I think GDN wouldn't count on that one.
GDN Price at posting:
6.0¢ Sentiment: None Disclosure: Held