GDN golden state resources limited

email from rick de boer, page-5

  1. 669 Posts.
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    sounds like the regular rubbish they churn out out. no wonder he hasn't used their favourite phrase "the company is very pleased" etc etc.

    so now they are trying to blame the stock market for there incompetance.

    was it the, quote "lack of confidence in the stock market" that led them to use less proponent when they were fraccing and now they realise that perhaps this was not enough volume to get high flow rates required?

    was is the "lack of confidence in the stock market" that they now have to increase the shut in period so that pressure can build up.

    and so on you can continue.

    There is NO EXCUSE for the current situation that we are in.

    If they want to re instill confidence perhaps the directors buy at markets rates $200,000 each of there own stock using their own money, this will boost investor confidence. They should look at attracting instutional investors but to do this thye need to produce more the the flow rates that they have so far. I am afraid what they have to offer is not attractive to the institutions.

    These guys are better at putting out spin then Kevin Rudd and Julia Gillard.
 
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