GDN 0.00% 1.7¢ golden state resources limited

gdnoa upside

  1. 19,874 Posts.
    lightbulb Created with Sketch. 1010


    well more maulings likely this week, but hopefully gdn will move forward as we near flow test for para3.

    wondering if there are any thoughts on the likely move of gdnoa if gdn ords find favour. has been noticeable that despite the fall from .06 to .041 the oppies did not collapse back to .006. only sales at that level were (imv) speculative attempts to trigger cheap sales.

    suggests to me that oppies are tightly held and ready to move forward strongly on any sign that worst is over for gdn. any move towards .10 makes these a huge buy below .02. i am holding a sizeable parcel and although risky they look like great leverage into gdn.

    anyone who thinks gdn has a sizeable gas field has to have a few of these in the back pocket. if gdn can crack .15+ before years end it's write your own ticket time for oppies holders. thoughts, brickbats?
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.