GDN 0.00% 1.7¢ golden state resources limited

c e locke revisited

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    09/06/06 spec buy at .22 based on 50bcf with 12month target of $1.00 tio $1.50. Anything above 50bcf would be a bonus.
    As GDN has shows in the upper levels - refer Jan activity statement - the $1.00 $1.50 range is not unreasonable.
    Backing this up is C E Locke putting money in with the capital raising.
    My money, contrary to all the negatives posted that GDN is still a good stock.
 
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Currently unlisted public company.

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