Ann: Quarterly Activities Report , page-31

byron

the deliverably study as u put it is not complete yet
but in reality it is complete

at this point in time the study shows no chance of getting gas out of the ground

and the directors are trying to change that so theres some hope - so their delaying what they were told hoping to get it changed imo

I think the problen is theres No 3 trillion CUFT gas field pumping gas out as was orininally stated there would be

6 years on here we are with a misely 16 billion cubic ft proven field with a possible 200 billion cubic ft field if another maybe 200 wells drilled over the next 100 years to prove it up - if ever

but bottom line is theres more water than gas and to date after 6 years none can be hooked up or pumped because of the water - 6 YEARS TO DRILL 3 WELLS - What gives here are they drilling through solid steel

what has taken them so long - looks like their just trying to get to retirement imo

so its all a total dud

they have no other assets of value
the company should shut up shop and delist from the asx and stop ripping off shareholders for their salaries

and byron
if you still hold you deserve the future loss of another 50 percent from where the sp is now
because thats the real sp future for gdn imo

theres an old saying - get out while u still can
its good saying

if u buy into gdn u deserve what u get in return because there is warnings all over the internet from burnt holders over the last 6 years DYOR
all imo