GDN 0.00% 1.7¢ golden state resources limited

gdn valuation #2, page-7

  1. 19,875 Posts.
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    All GDN holders should aquaint themselves with discos recent effort and be prepared to ride the dragon if GDN gets flow rates of 5mmcd or higher from para3.

    Granted GDN has had a tendancy to spike, but having taken on all the risk it would be a shame if some holders sell out too cheaply within minutes of a good announcement simply because they are unfamiliar with what various flow rates could mean to this company.

    A good weekend discussion would be to use this valuation calcs as a starting point and get some alternate viewpoints ... and/or calculations ....

    if 5mmcd is the flow from para3, then gdn holders may welll rue selling at .08 or some such.

    discuss


 
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