GDN 0.00% 1.7¢ golden state resources limited

Ann: Paradox Basin No 2 Update , page-15

  1. 413 Posts.
    The section that interests me in this report is:
    "Lithology has tended to have higher levels of sandstone with good visible porosity. Preliminary interpretations indicate Paradox Basin #2 is located along the basin hinge line and Golden State anticipates that known gas bearing zones will have improved reservoir n the current location."

    This should greatly improve permeability and flow rates compared to Para 1.

    Drilling is ahead of schedule, good gas shows, better location which should avoid water problems.

    Much more professional show this time round IMO. I used this morning's little shakeout to buy more. :)
 
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