Rubes
Thankyou.
I enjoy reading all posts on HC. Some are knowledgeable and valuable - well ballanced and informed assessmnets of the position at hand.
My comments are my way of attempting to rationalise and give some ballance to the information I gather from HC and other places.
The one thing I do think is interesting is the number of thumbs up some posters get when they attack my posts. Amazing and shows the shallowness of the reasons some read and use HC.
The 50 cent share price was not tongue in cheek. All along sensible people on the GDN thread have stated that Golden Eagle started with P3. It was a new dawning. That was absolutely true. P1 and P3 provided valuable information for the placement of P3. The original gas reserves were based on info from P1.
The revised reserves will be monster compared to P1 estimates. Given the successful P3 drill and the unmeasured, untested zones why would anyone expect anything else. Icing on the cake from shareholders point of view will be a clear concise report on the ordering of the plant, the pipeline construction and the projected income from gas sales over the next 2 years. GDN should be pulling all that together now together with a drilling program once the $50 million options exercise has been finalised in November. Three or four wells drilled next Utah spring would be outstanding news.
Fingers crossed this is the "vision" Richard and the Board wants to share with shareholders.
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