GDN 0.00% 1.7¢ golden state resources limited

news due soon, page-81

  1. 204 Posts.
    Not that much hysteria, just cold hard reality. as someone very rightly said on the other forum, in business for 13 years and not one dollar made.
    longest frac and flow test in history - not even the basic common decency to update the market, unless, of course, it is something shocking they are hiding from us.
    all this number crunching is meaningless because they still haven't even proven production flow rates!
    What do you think Warren Buffett would make of this company and its management? Maybe he'd be understanding of the "operational difficulties" encountered over 13 years, and would look at the balance sheet, cashflow, earnings per share, dilution and be "very pleased", perhaps even conclude that it's as "good as it gets", but I doubt it.
    Hate to say it Panda, but this steak ISN'T real and it tastes AWFUL!
 
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