thank you again for your dose of commonsense. I believe in the short / mid term position for this stock. As soon as production flow rates are known GDN will be valued at a PE ratio, and far higher than its current value - 30 bcf at 2 cents per share = 60 cents with zero value for uranium. This is absurd ..
I simply do not understand the angst and lack of intelligence of the downrampers, but I am not concerned by them. In fact, they do the stock a great service by shaking out the nervous, the gullible etc etc.
A stock with more stable holdings will happen, simply because announcements on drill updates will not now be happening every second day. This will all settle, the stock will consolidate and rise when production estimates / cash flows are available, in the short term. I will not be selling.
Institutions like those behind the capital raising announced today obtain their own indpendent geological advice, which is obvioulsy positive.
Cheers
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
