GDN 0.00% 1.7¢ golden state resources limited

crying :~( loosing alot of money with gdn, page-67

  1. 525 Posts.
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    Sharemadder,

    Sciano a mster businessman - hahaha. IMO a master conman perhaps? What has he done, $60 mill paid up capital all spent on 3 wells producing 1mmcf/day. Not to say how many millions of shareholder assets (Johnson Range, WCU) have been spent on 3 wells producing 1mmcf/day. Not to say how many more millions have been lost by shareholders on asx buying and selling. He has driven the share price from 20c to $1.26 then to 2.8c. Master businessman - hahaha. Would Ziggy have allowed that to happen. No, because as a businessman he has a plan. It feels like Sciano comes to work each day and says " what should I do today for my $1200."

    If he is so good I guess he will soon issue 500,000,000 million shares at 2c to raise $10mill for PB4. Be interesting to see what credibility he has left in the market place. Probably don't need to answer that, just need to look at the current share price.
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