GDN golden state resources limited
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email response from richard sciano, page-8

  1. invertedva
    9,364 Posts.
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    09/08/10
    16:27
    Post #: 6998687
    Me too Blokes.

    At this stage a farm-in would raise money and credibility of the field. Without either very soon, GDN might not be able to avoid dilution that could wipe out even more value for EXISTING shareholders than would a farm-out.

    GDN Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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