GGP 0.00% 0.6¢ golden gate petroleum ltd

deal of the century? permian basin acquisition, page-17

  1. 1,339 Posts.
    Scott, you seem to have researched this company extensively.

    I held this stock whilst it was listed in Canada. Sold out before they listed in Oz.

    I see major similarities between this stock and cvn when it was languishing at 1 cent for a very long time. In fact I held cvn for close to 15 years and sold out at 3 cents. Cvn went on to touch 80 to 90 cents. Onshore drilling hit paydirt for cvn in Indonesia I think. cvn at that time had minor production just like ggp have now.

    I believe similiar scenario can unfold here. Fortunes can change quickly and to me it seems GGP are working on changing theirs. In anycase ggpo at under half a cent is a gamble i'm prepared to make.

    Cheers

    Ognid
 
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