GDN 0.00% 1.7¢ golden state resources limited

what do you think - pls reply, page-8

  1. 229 Posts.
    IMO, cut your loss and move onto something else.
    GDN may recover a little bit in long term, but there are better opportunities out there and you are likely to recover your loss a lot quicker by moving onto something with more immediate prospect.

    Don't let the people who continue to say "There's a big announcement just around the corner. It's been oversold etc" People have been saying that for a few weeks/months now. Chances are it won't materialise.

    I sold out when they stopped drilling after downplaying not finding anything in the Lower Barker Creek by talking up the potential in the Alkali Gulch and Pinkerton formation. Not their fault if they don't find anything, but it's just wrong to talk it up for a few announcements and suddenly the next day withdraw from drilling.
 
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