GGP 0.00% 0.6¢ golden gate petroleum ltd

in the week's ahead.........., page-22

  1. 188 Posts.
    Don't know if any of you got into OPL - I did back in 2003/4 when I borrowed $20k and got my 1st 150k (averaged down). I only received the "probably inside info" after all the big cohuna's had their lot - mostly @ 2-3c.
    This purchase and a few more around 25c turned into an almost 5 bagger for me.
    I remember talking with SG back then - don't think he has changed his approach much since then - build a quick bank of excellent potential, get the market to listen and create some noise, talk up the value and look for an opportunity to sell.
    Now that he has GGP on a solid footing (albeit with a huge shares on issue) he is approaching the banking stages. Fortunately there seems to be enough talk and happenings in PB which could achieve the value stage - then it's a matter of finding a suiter. He would achieve this better if he could bring the options into play - generating a solid cash backing as well.
    If that were to be the yellow brick road then I'd be looking for a SP of around 30c or better as a reward for SH's as an excellent outcome and be very happy to sell.
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