It is easy to dismiss GGE at the momment, but you have to understand also that there are many market influences as well going on, and a little bad news like the last duster, which i might add is one failure compared to 5 points of success with this company, and it is what people are tuning into instead of what is really going on.
What is really going on.
1. Market depression globally, nothing moving= anxiety making everyone irrational with shares and dumping and turning to cash=security and going onto the i told you so expectation. This is the strongest driver of ill informed potential.
2. Oil is going up in price because of middle east problems that have escalated in the last month, and oil is holding steady at $100. a barrel. Where is the oil going to come from.
3. These 2 points are the strongest drivers for + and - share prices effects in speculative oil and gassers, look at SSN comming down below .08 cents as an example and everyone was saying up up and away, but ponit 1 has taken over here in the way people think and SSN has gone down. The company relates to GGE because if it can happen there it is no surprise it is happening here to. 4. go read the latest AGM"S in depth, and tell me how you feel afterwards about these companies like GGE, GGP, VIL, ETC. Look at the production and drill programs GGE have in this and early next year, we are on a winner, JUST WAIT AND SEE ME DARLINGS.
5. It is not their day yet, but 2012 will be a good year if things start to turn around slowly at point one, because point 2 seems to be getting bigger.
The share market is like life, simple decisions are not always as transparent with the equation of time forever altering perception.
GGE Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
