GGP 0.00% 0.6¢ golden gate petroleum ltd

not a class act, page-5

  1. 5,590 Posts.
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    shelby, the best thing I did was dump this and stopped beating my self up over it.
    We were all taken to the cleaners with promises of self funding in 9 months plus all the other tripe that has been fed to us.

    I know you have plenty tied up in this, but I'm sorry to tell you the outcome is not going to be pretty.

    Where is the funding for the next well, I'd say they'll try a CR, but who will particiate??

    The ever increasing threat of a consolidation looms over head, who would want to put their hard earned in when theres a real possibility its worth 50 times less is a short time.
    Think seriously about taking the loss, it makes you sleep better. The tax man takes a cut for as well.

    GL



 
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