GDN 0.00% 1.7¢ golden state resources limited

flare up

  1. 5,480 Posts.
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    a flare up is a flare up... its good news.. dont see what all the negative talk is about.. i dont think you realise the magnitude of the news... ITS BLOODY GOOD NEWS !!!!

    Pinkerton obviously has gas.. but the horizontal drill is expected to significantly incresae the chance of finding a producing gas zone.. remember this is only the FIRST well in the region.. one of possibly dozens!! Don't expect every zone to be a winner on their FIRST well... if every zone flared up we'd be at $10 by now

    BARKER flaring up at their first well is an exciting result... and it shows production potential with a capital P!!! one well.. producing out of one... what else do you want?? it does not matter if the payzone is 1m or 10m... if its chockers with gas.. thats all they need!!
 
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