GDN 0.00% 1.7¢ golden state resources limited

fire under gdn, page-19

  1. 1,071 Posts.
    Chngle

    A correction maybe yes, all healthy stuff, 10% NO and across the board, NO I dont think so? NO. Most of my shares have not run up like the rest of the market because I have derisked holding shares that are more likely to correct after such a big run. Hold very few blue chips, mostly spec resource stocks that have not really moved in tune with the market though I suspect the few that have had a good run will come back a little.

    I noticed since begin January that speccies started lagging behind the general market. There was a big shift from specs to blue-chip because of the solid bull run and I believe some of that money will now come back to our darling speccies.

    Lets see what happens. As for GDN we need the following:
    - Successful casing (no water and no issues)
    - Date for production testing (there was a disclaimer on the last announcement it was subject to rig availability)
    - Successful flow rates

    Tick those 3 and we are on the multi bag express. We can then look forward to the plans/dates for PB1&2.
 
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