GDN golden state resources limited

I put Stocky on ignore (Will remove when GDN is over 3.5 cents -...

  1. 2,313 Posts.
    I put Stocky on ignore (Will remove when GDN is over 3.5 cents - LOL).....just so I dont get provoked into flaming :)...cant keep going around in circles....wasting everyones time and energy.

    The daytrader comment, doesnt seem to make any sense to me? We are going up, slowly but surely...the best way to go up??


    Anyway, What we saw yesterday, just looked like it was going to happen, hence the post beforehand.
    I was going to write...cant wait until the Oppies start to lead the heads....blow me down, we very nearly saw that happen. Maybe we will see it today.

    Also nice to note....very quiet on here last week. And GDN still trading well....Maybe HC doesnt have the influence the nay-sayers think it has?

    Heads:
    The 1.7 seller(s) seems to have finished (and all sold have been taken up very well). I would like to see a few cross at 2cents. To me this will confirm our uptrend.
    We have seen a sustained rally this time around, much more decisive than a spike....this I believe has given confidence to those watching, and now we are seeing that confidence turn these people from being watchers, into shareholders.

    Oppies: (These I hold)
    I still see oppies as best value at this time, and truely think that we can/might see them lead the heads for the next few ticks up. I have seen this before, strange, but does happen when theres this much difference in value between the two. With 1.8 on the heads, IMHO I think oppoes should be banging on the .8 line (so still -30% undervalued...IN MY BOOK)- And plausible in the short term.
    Then comes the excitement of the heads reaching and holding 2cents or above....with news to come.

    Why:
    a. 4 x potential gains over heads.
    b. 2 years 9 months until expiry.
    c. Initial drilling in June, then another two drills, one in 2013, and one in 2014. (all as detailed in GDN's presentation)
    d. June - First Spud as indicated. Interest will increase as time draws closer. Why not buy at these low prices to maximise gains....thats why we are all here.
    e. Better odds of success than a fresh, unknown whats down below drill.
    f. Proximity of Heads to Oppies exercise price.
    g. Volumes trading pattern, lends credence to buy and holding occuring. (Confidence)
    h. As we saw yesterday, large sell stacks can evaporate very quickley at these prices.

    All just MY perspective :) - Its a long and lonely road on the GDN thread....this will also change soon. Nice to see you again Rosy and Shift, now wheres Gouldie, Datz and Veeone :)

    By the way, I only have 1 person on my ignore list :)

    Have a good day.

 
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