GDN golden state resources limited

larger fracture simulation, page-15

  1. 1,010 Posts.
    Hi BigA,
    I have been in GDN in and out many times, I lost and I made money several times, but I can say that I am on the positive side on my sales.
    I must say with todays value I am at a loss with my current holding if I sell but as I said, I am not selling at least no just yet.
    I bought from the times when prices were just few cents to the times when prices were more than a dollar
    I read HC many times a day/week. Lately I see a lot of dribble here, more dribble than ever before, some time ago the GDN trends were actually quite informative ,

    most (not all) people write here negative positions intentionally so they buy cheap and some do the complete opposite to sell high.. you of course know what I am talking about????,
    I do make sure I read all the GDN ASX announcements and I analyse them carefully, I also compare them to those announcements for past drilling to see what could happen with share prices etc etc. I have also some contacts in the industry who can provide informative and impartial advice.
    I know there is Gas, we all know that,
    I know they did not stimulate PB3 enough, but they said there is enough gas for production
    I know there are issues with the long pipeline GDN are working on the deal
    I know RPS is writing a reserves report, I expect it to be better than many here on HC expect or believe..
    Anyway, I have my own opinion on this stock and I will stay put, I will not move either way until news from management is published. It should not be to long, you will see.
    DYOR
 
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