I think we have some misinformed investors with us... some probably expected one well to produce 440bcf - 3tcf?? that's a joke! That misconception is leading to overselling and rubbish posters getting all upset because they sell when others sell.. and buy when other buys.. and they blame the company for their losses.. for all I care.. sell!! sell and the next time you find the courage to hit 'GDN' on ur watch list.. it'll be above and beyond $1.
what were looking for in this well is a decent flow rate... and think about it... it doesnt get any more decent than a flamin' FLARE UP!! it's basically busting at its seams!! the flow rate will be impressive.. and i'm suggesting productive at the least.
fact of the matter is.. GDN will probably drill a number of new wells.. some will find productive zones.. some will not... most companies have drilled dozens of wells without finding a SINGLE productive zone!! GDN have drilled one well.. and it seems to be a producer!!
The 300bcf - 3tcf discussed throughout this saga relates to the entire region... the lisbon FIELD has produced about 1tcf since initial operation started... what will the PARADOX FIELD yeild?? we're off to a great start ... this is worth much more than 50c ... haha I cant believe its 50c... jeezzz
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