GGP 0.00% 0.6¢ golden gate petroleum ltd

Howdy AllI first entered this stock as a pure DT and ST trade....

  1. 43,630 Posts.
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    Howdy All

    I first entered this stock as a pure DT and ST trade. After a coupla trades and further analysis (DD) I decided to turn my last trade into a ST/LT.

    So my DD, was it good yes (at the time) was it good now that I know more; the short answer is a fail.

    So to me the real issue is the lease and legal holds. This to me is where I fell down, though I do/did not have access to the contracts.

    GGP's DD on the lease/s is a fail.
    Techinal issues with wells is all the game.

    I am not putting any more money into this till I am sure about what GGP actually can and will own.

    All the best
    Trees

 
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Currently unlisted public company.

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