GDN golden state resources limited
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To me it seems that this continual cap raising means that the...

  1. pompom
    26 Posts.
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    15/07/10
    11:41
    Post #: 6905602
    To me it seems that this continual cap raising means that the options are not going to be in the money, hence cap raising from other avenues. Why not loan the money since they say commercial gas is in the field and pay it back once in production.
    Then dilution is avoided. This to me raises more thoughts of issues with the current project.
    GDN Price at posting: 6.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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