GGP 0.00% 0.6¢ golden gate petroleum ltd

Well another week and the SP is still hovering around 1.7c. That...

  1. 141 Posts.
    Well another week and the SP is still hovering around 1.7c. That to me is positive. I would expect a spike if the wire logs from #8A well confirm SG's positive statement, (I will wait till the reults are in before getting excited). From there it solely comes down to getting production moving and dollars tinkling through the till. After being in the GGP space since the FP fiasco of over promise and under deliver I will wait for production to occur before getting too excited.

    Also from the up coming meeting it feels like they are preparing GGP for a possible buy out at some point, and I think that the Permian Basin is hopefully the joker in the hand over the coming 12-18 months. IMO only.

    Thanks again to all the people who contribute on a technical basis I always find them very informative and helpful. It's been nice to have re-invested in GGP and actually see the PnL green!
 
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