Many stocks take off in share price on the even the slightest hint of spudding a well and others when they get a significant gas show and many only have 20% or 50% stake in the project.
Here we have GDN is PB3 with 7 significant gas shows with many sweet spots and a near perfect drilling campaine about to start testing and a permit to do the production completion of PB1 which we already know flowed at 3.6mmcfd.
And GDN own 100% of both wells!!!!! 100%!!!!!!!!
Yet, share price went backwards - preposterous and completely absurd.
Just wait people - sells over the past couple weeks are going to have egg all over themselves very soon.
COMPANY IS MAJORLY UNDERVALUED BY ALMOST 300% RIGHT NOW IMO.
GDN Price at posting:
10.6¢ Sentiment: Buy Disclosure: Held