U boy i have never stated that GDN is a failure. I disputed T4P's valuatiion of $2.65 on the U spin off. My opinion on GDN however is that unless they have a massive find then it is probably over valued. i dont know this for sure because we havent got any reserve figures yet. I am unsure that one commercial well of a moderate size can justify an ongoing market cap of $120 million. But we cant know that for sure,
regards andrew
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
