GDN 0.00% 1.7¢ golden state resources limited

gas announcement, page-37

  1. 30,924 Posts.
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    tcf, your posts are very similar to andrewe's, just the other side of the coin.

    Consider "I was talking to Mr Sciano some time ago and he stated that if GDN had a commercial well they would be taken out by a US company - but not until proven commercial." What basis has Richard for saying that? He has no knowledge of gas or oil in Utah; try him with a slightly technical question and he will refer you to John, or quote from a previous announcement, or say that they are not sure yet. There must be hundreds of small companies producing from commercial wells in the US which haven't been taken over. For RS to say with certainty that GDN would (not might, but would) be taken over is absolute rubbish. And for you to post such nonsense reflects badly on your judgement. Andrewe's comments are needed as balance to anybody who might think of buying GDN on the basis that even a small commercial well will result in a t/o bid.
 
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