GDN 0.00% 1.7¢ golden state resources limited

is there any hope for options, page-5

  1. 19,875 Posts.
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    FIVE months is a long long time in the market ...

    all this public knashing of teeth about the oppies should stop. you aren't doing yourself any favours and shows the deeper pockets that you can be played and bought out cheap.

    allegra has got 2-1 oppies for free. big big incentive there for them to be pushing the ords to get oppies in the money.

    the company needs these oppies in the money. raising capital in this market is tough. do you think they'd rather go cap in hand to the banks or allegra again when they could reap $40m and secure their jobs for the next ten years by getting the sp above .12?

    no doubt its a tough market, but US gas is the place to be over the coming months and i can see plenty of factors that will help gdn get a wriggle on -- see post on other thread. hell even a run back to .08 in the next two months (which is where we should be now) puts the oppies within sight.

    throw some revenue from confirmed gas flows and a plan to get to market into the mix and suddenly gdn is no longer a speccie -- its a producer sitting on vast acerage in central USA.

    oppies will be a nervous wait, and the window is closing, but still a run to .08 would see the ops back to .012 (100%) gain .....

    factor in self-interest from directors and the sophs and suddenly the picture becomes clearer.

 
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