GDN 0.00% 1.7¢ golden state resources limited

Datz,"I base all my opinions on what the company has released to...

  1. 557 Posts.
    Datz,

    "I base all my opinions on what the company has released to the market"

    Companies always try to posit themselves positively to the market. Any release from any company should be critically analysed rather than taken on face value.

    It takes less than a minute to cut to the chace with GDN. Flow rates are sub-economic, no funding to develop field, and the work flow on the field is ridiculously low.

    Not a down ramper......just a realist. But investors prefer to have their positive views of a company re-inforced by positive posters (The Wisdoms of the world) who pick the positive parts out of announcements rather than critically evaluating what they are saying.

    When all else fails....look at the chart. Market has spoken. They need to farm out a 70-80% interest of the field and free carry on any good fortunes another operator can bring.
 
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Currently unlisted public company.

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