GDN 0.00% 1.7¢ golden state resources limited

Daz, share price going up? Err where?Charts below courtesy of...

  1. 457 Posts.
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    Daz, share price going up? Err where?

    Charts below courtesy of Comsec Securities clearly show each historical p'n'd. Seems like a very familiar pattern emerging at the end of the 1 year chart.

    To provide some balance though and reduce the risk of being referred to as a serial dramper, I am happy to hold, see the results when drilling and testing has been completed, watch the share price movement then, and if all the hyperbolic of the past week becomes reality, jump in with more of my heard earned because no doubt if the hype is the reality the SP will surge and continue to surge. And missing out on a few extra cents because I'm prudent won't matter at all.

    However, if you're prepared to invest your hard earned right now in a company that has no histroical success and has managed to reduce a SP from over $1 to less than 2c, then your crystal balls are bigger than mine. Pure, well not so pure, speculation if you're prepared to invest now. That's why the SP is still less than 2c, despite all the "promise" and "facts" and "newness"!!!!!!!

    Apply some real Risk management practices and even the ignorant will realise that there is nothing to invest in at this moment.





 
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