GGP 0.00% 0.6¢ golden gate petroleum ltd

reply from ggp, page-59

  1. 5,936 Posts.
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    Look , this is SGs 'MO' imo. Some of you will be to young to remember (lol) OPL , but Steve did a similar thing in 2004 , 23rd Sept to be excat , in offereing an SPP at 26c with a record date of 3rd Oct , and maximum $5000 per holder ... 'smarties' scurried to open multiple accounts as the SP was by late Sept about 40c from memory and the SPP had no 'scale back' clause. In the end it raised $7.9m lol a huge amount at the time for a compnay with previously few shareholders. Less than 2 years later OPL was taken over at 81c ... My Point?? SG is an inclusive type of CEO , rare these days but true. Take advantage of his continued generosity and always never doubt his ability in field development and maximizing value for shareholders! This is no VIL etc.

    DYOR
 
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