The shares will run up quickly when the drill is inserted. The movement has started on speculation that the drill is on its way to the pad.
I will speculate, based on past investment, that the SP will be upwards of 10 cents within a day or so of the drill operating.
Read between the lines with this company. Ignore past SP performance and comments by GDN speculators/investors who lost money in the past. This company is like Mike Jagger. Everyone has an oppinion and feels obliged to having to dislike it.
Par 1 and 2 have potential commercial gas. This is significant. Those wells are not dry and have not been pugged and abandoned.
Par 3# is a targeted "production" well.
It is therefore reasonable to suggest that within 55 days we could be looking at a 50 cent plus gas poduction stock.
Things change quickly in the mining exploration game and GDN may just become the darling of the oil gas plays in the very near future.
The terms "dog" "cheats", "misleading" etc may be a thing of the past very soon - except for those who don't get in and make a buck from the play at hand and will always need to have something to say.
GDN Price at posting:
10.6¢ Sentiment: Buy Disclosure: Held
