GDN golden state resources limited

future, page-4

  1. 241 Posts.
    It sends the wrong message to sell as a director on a spike.
    Having said that they like many others were hoping for bigger and better things with para 1
    Anyway at the moment energy stocks are the flavour of the month and GDN as a whole are now in the energy business.
    They have there involvement with WCU and the prospects of a another gas hit in para 2.
    I would imagine that there are outside interests looking on at what para 2 throws up, if they hit gas at a good flow then I would imagine that people would be thinking that maybe they are in a good area and that multiple wells would create good profitable returns, after all they are drilling in a proven oil and gas basin so probability of another find is likely after all thats why they went there in the first place
    As for para 1 carnt see them having the bad luck over again which drained the co of most of its cash and shareholders there profits.
 
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