GDN golden state resources limited

Hi schueym99,Was the 2.5tcf amount for just this one structure...

  1. 642 Posts.
    Hi schueym99,

    Was the 2.5tcf amount for just this one structure only?

    They own a lot of land including some they bought at auction, which has the ability to contain another 2-4 structures like the one being drilled currently. Did the broker company mention anything about the rest of the land they own or lease and their plans for it in near future?

    Also a few people have mentioned the report on gdns website for 50bcf at $1 to $1.50 was based on selling gas at $4 but now almost $8 so that doubles the price the shares would be worth for 50bcf? So even a 50bcf find would value gdn at 2-3 dollars?

    Thanks.
 
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