If gdn management could hold off a non commercial well announcement to end of june they would.
I don't think they can - but then again the well was due for completion in July 2006 so a result announcement in july 2008 would not surprise.
On the other hand management has for the last 6 or so months given clues that they have all but a proven producer by advising "significant gas shows", "pipeline applications" "approvals for a second well" BUT more importantly they also announced that they were discussing sale of Paradox gas into current supply net work.
On ballance of all the reports provided by our brilliant management team its obvious to me we have a commercial well. I think!!!!
I promise you after being with the stock for over two years I am not a down ramper just a tired follower waiting (the stock $$$$ owes me nothing) for this f***n well to tell its story.
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
