GGE 14.3% 0.3¢ grand gulf energy limited

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  1. 4,481 Posts.
    5hareholder, I have just given my opinion as have you.

    Reasoning for MO is that you cant put enough faith in one well when living on borrowed money. Sure it might work out BUT any benefit maybe short lived when others demand their money back.

    Shareholders are always the lowest of the pecking order and the last to know details.

    I do have a question though, what on earth has the workover rig been doing in the past 3 weeks or so? Sitting there idle, waiting for progress payments??

    I also suspect that GGP will not proceed with further participation in drilling, I could be wrong but we will see.
 
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