GDN 0.00% 1.7¢ golden state resources limited

no buyers for options, page-9

  1. 326 Posts.
    Option 1 what a load of Rubbish:

    "i would sugest..by past history of this company..they have a major problem and would like to try and over-come it without announcing it to the market..they have a history of this behaviour...its time to be scared".

    I was informed last week that there is no problem.. Stop writing Unsubstantiated dribble.
    We have to wait for RPS to complete their report and
    unfortunately the management of GDN do not have any control on the completion date or of time frame for this to be received.

    Also I was informed that the reason why the directors have not invested any of their own money into the company at these low levels is for this reason. Once they purchase the shares they cannot really sell them (the directors are selling their shares, the company must be in difficulty). Their money is dead.

    Now tell me if you were in their position would you buy on that basis, NO of course NOT.

    I am in the same position as every-one else 50% down on my large investment. I will hold because:
    GDN will become a GAS producer.
    GDN will start to receive the royalty form the Johnson Range worth over $100 MILLION

    My only failing is that I wish I had a couple of Million Bucks in the bank to buy a larger share.
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.