GDN
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0.00% 1.7¢ golden state resources limited

gdn valuation #2, page-8

  1. blokes
    19,875 Posts.
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    15/05/10
    11:07
    Post #: 6698701


    so anyone care to comment on gdn valuations listed above. would appear to me that even a minimum flow of 3mmcd from para3, added to a bare minimum flow of 2mmcd from para1. puts us in way undervalued territory. If para3 flows 5-8mmcd well, has to re-rate you would think.

    and disco didnt even factor in cash, wcu share stake, iron ore royalties, and gold projects.

    beats me why we are still at .055
    GDN Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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