Nice post except for one error if I understand you right.
"they should be able to fully understand the ismay formation and avoid the problems with the water table, we should be well above it now seen as this well is much shallower."
Unfortunately the water is about 300' above the Ismay gas zone so we will still have to wait and see if the water problem is solved.
I also doubt that this will run on hype. I believe it will only run on success and IMO there is a good chance of that.
GDN Price at posting:
11.4¢ Sentiment: Buy Disclosure: Held