Well said, Brainybull. IMO too many investors were gambling on big gas zones in Alkali Gulch and Leadville, and jumped ship when that pursuit was abandoned. And whilst GDN may have misled everyone with comparative charts to PB1, with the implication that the drilling would not be stuffed up this time round, they have nevetheless found "pay gas" in five zones, some of which had ground pressure of over 3000 psi. These zones now need to be tested for flow, etc - and have real potential, with only conservative estimates, as you say, of the amount of gas that can be commercialised. Now that the focus is on production I think we will see a different sort of interest in GDN which is less volatile and more based on reality than dreams. I'm in for the long haul.
- Forums
- ASX - By Stock
- GDN
- excellent confirmed large gas resource
excellent confirmed large gas resource, page-2
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online