daytrade diaries... may 21, page-69

  1. 5,331 Posts.

    would be very cautious trying to pick the bottom in GDN, was a very poor drilling report today, they drilled through the Lower Barker Creek formation without significant gas intersections, this was the point that they hit a 220 foot gas column in the first exploration well.

    there is value in GDN thanks to some gas shows higher in the exploration well, but the chances of that blue sky discovery are looking less likely.
 
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