GDN 0.00% 1.7¢ golden state resources limited

beware pb1, page-2

  1. 30,924 Posts.
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    PoachuS, your logic is good, but I AM going to quote you announcement rubbish! Line one of the 13th May says it produced approximately 5mmcf of gas. Your 3) is suspect though, we just can't tell how long each test was, or how many tests there were because they won't tell us. However, they don't lie: so we can believe that it flowed AT THE RATE OF 6mmcfd for a few minutes at least. I can't believe that it could flow at a steady rate of 2mmcfd. 1mmcfd is suspect.

    You have a good grasp of GDNspeak! :-) But, as I said above, they do not lie. Everything in the announcement will be true, as far as they know. You have to be careful of the interpretation of the facts. And what they are NOT telling us is usually much more important than what they are.
 
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