GDN golden state resources limited
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tcf,Agree with your first point, but the risk IMO has clearly...

  1. js06w
    224 Posts.
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    28/05/10
    16:01
    Post #: 6747458
    tcf,

    Agree with your first point, but the risk IMO has clearly diminished. What is the likelihood of GDN getting wound up now? Zilch... Compare the volume and price in March-April to now. SP was ~7.4c just on significant gas SHOWS, now we have significant gas FLOWS with the majority of debt cleared. GDN is now on the brink of changing from explorer to commercial producer. A lot more productive drilling can now be expected. Very exciting times, and I'm very happy to be a shareholder!
    Cheers.
    GDN Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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