I don't know why daytraders persist in taking a point here and a point there when with GDN the play is surely the potential for a huge gain for a reasonable risk.
What I expect to see happen tomorrow morning is a trading halt just before or not long after the market opens. Then we will get word of gas in the Lower Barker.
The question is not is there gas there I'd say the odds of that being the case are much better than even. The question will be just how much gas.
Elevated background gas readings will be described as "significant further gas shows" in the news release and the share price probably won't move much.
What we need is a good gas show enough to have the media release read "significant new gas discovery". Then we will see some action.
GDN Price at posting:
19.0¢ Sentiment: ST Buy Disclosure: Held
