GDN golden state resources limited

wisdom123I enjoy your posts but you've lost your way lately....

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    wisdom123

    I enjoy your posts but you've lost your way lately. This excerpt on the Golden Eagle field is from a stock analysis report from March 2006.

    "The prospect has upside potential to hold over 1tcf of gas plus liquids and a mean/2P target of around 440 Bcf plus liquids with an assessed probability of success set at 19% by the companys consultant."

    That's 440 Bcf of 2P reserves. Of course, that's refering to all the zones and we are presently ONLY discussing the Ismay zone. But I'll tell you now, anything in this report under 15.0 Bcf won't cut it IMO. I'm wanting and expecting more.


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