GDN 0.00% 1.7¢ golden state resources limited

rick knows, page-14

  1. 326 Posts.
    TCF, you always seem not to take into account that the bulk of the 60M spent was on pb1 AND PB2. GDN drilled these two wells based upon the agreement with Eclips.

    The question we must ask are selves is this..

    If the paradox basin is confirmed to be a producing field (which by all account the management beleive) can this field generate a long term cash stream in the multi millions or billions.

    So the question is what is the feild worth..
 
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