GDN golden state resources limited

Let's assume PB2 Ismay is dismay - share price will fall back...

  1. 266 Posts.
    Let's assume PB2 Ismay is dismay - share price will fall back into the 4's - even considering the paper value of GDN - there will still be a dump no matter what spin is put on the release or lead up to it. This in effect will drop the oppies to under .5 - with no real positives to come out of GDN until PB3 - can't see much movement unless WCU announces extension of uranium deposit and this then has a flow on effect to GDN. Would also assume WCU SP to head north towards 40+ once production kicks in - this too would help balance the GDN SP in the 5 range but still back in the bottom draw until PB3 and 2010. A lot of assumptions thou.....
 
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