GDN 0.00% 1.7¢ golden state resources limited

capital raising is on the way, page-5

  1. tcf
    6,864 Posts.
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    I think the "inside" information you are seeking is not in fact "inside".

    The facts are GDN's Mr DeB keeps writing that Para 1 and Par 2, with some tweeking, may be gas producing wells. He also predicts Para 3 may be a gas production well.

    If that comes to pass GDN will have 3 gas producing wells and, on the face of it, the share may be very, very cheap.

    If third party oil and gas professionals and Mr DeB are correct and Mr DeB has been discussing his views openly but in more detail with close GDN supporters then who knows where the SP could go - particularly if Para 3 has commercial gas.

    Can you emagine for a second what GDN would be worth today if the Para 1 and Para 2 gas had been found without the water intrusion?

    Have an opinion one way or the other but don't be silly enough to write GDN off as a loser just yet.

 
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