Err I'm actually quite relaxed about GDN ATM. At risk for my...

Err I'm actually quite relaxed about GDN ATM.

At risk for my portfolio is a poxy 1.3m oppies at a churn-in price of just under 4c. On a good day, my portfolio can rise by much more than my entire GDN hold. I understand that many are overweight on the oppies and it isn't a nice feeling.

The fat lady is yet to sing but there is a reasonable expectation that commercial gas will actually flow by Q1 2011.

The gas has been in this field for several hundred million years and it will still be there next year even if Marc Faber is correct about the bear supercycle (in the washing machine we had when I was very young it was just called a wringer . . . no supercycles LOL).

GDN has no debt and if everything does go to pot in the world ,GDN can still trickle gas into the pipline @ 1mmcfd or less, and forget about developing the field further until recovery time. Compared with some of its peers admin costs are fairly modest .

SO GDN is NOT actually the riskiest stock on the market . GDN may actually be a low risk play when commericiality happens Q1 11 and new resource estimates are prepared prior to then.