GDN 0.00% 1.7¢ golden state resources limited

greenie article, page-2

  1. 17 Posts.
    Good find.

    A few direct quotes from this piece:


    **** A report on Golden State's Web site says the company's drilling project near Arches in Utah's Paradox Basin is in an area where energy companies estimate 1 billion barrels of oil and 6 trillion cubic feet of natural gas hide beneath the surface.


    **** The gas reserves near Arches are "mind blowing," declares the report, potentially producing a cash flow for Golden State upwards of $4.8 billion.


    **** Golden State's well is on state land, so "all we could do in this case is monitor and express visibility concerns," Joss said.


    Not all you can do champ - jump on.

    Can't beat them, joint them...
 
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