GDN 0.00% 1.7¢ golden state resources limited

all still rolling along, page-14

  1. 5,003 Posts.
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    Most wells need a pump to get these frac fluids out, the fact that PB3 has done most of it without the well even being shut in until now is amazing and should speak volumes of what potential is down there. And yet still there are fools on here saying the well is a duster. Absolutely down ramping dribble.

    The company stated the well was being choked while the frac fluids are being extracted. Frac fluid is not drinking water, it contains particles like sand and the fluid is much heavier than water. They have not said anything else to the contra so apart from the usual x-files type conspiracy theory on here, everything is going absolutely fine.

    So you are nervous because the testing is taking time and GDN management dont repeat everything in past announcements twice to meet your comfort level. GDN is a small company and they dont have billions of dollars to through around. It is taking time because it is cheaper to have these frac fluids extracted naturally.

    But dont go around scare mongering unnecessarily because just about every investor right now is in a loss situation with GDN. It is really REALLY not cool.
 
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