is this the end?, page-2

i dont see how GDN could make it work

So unlucky byron.

You had the right sector just following the wrong company.

I dont see why you would keep your money in such a speccie play run by dimwits when you can buy an entry into niobrara shales on the cheap.

There are companies out there with sub 50 mill market cap sitting in the niobrara. Their portion of the shale isnt as proven as CHK's or SSN's but it has a lot more likelihood of becoming economical than GDN's tight gas formation does imo.

If I was to play this sector, I would wait until GDN ends up selling this block of land, or selling the entire shell and I would invest in the new owner. GDN just seem to have no money and no idea.

When dealing with a tight formation why on earth would you not order a 3D before wasting 8 figures on drilling sub-economical wells.

I think I nearly made you sell when I gave my exit post on another forum- this was 6 months ago and the price was 3.3
Looks like everything I said has pretty much come to fruition.

We saw a nice little trapping pump and dump in there, but this has just drifted slowly down hill.