breaking out .....

GDY is breaking out ... it has made a higher low and a higher high .... if it breaks through the $1.05 resistance level, the next rally will be imminent

The DMI cross-over and 20/50-day EMA crossover has occurred she’s is a well defined uptrend.

The Money Flow Index is trending up, indicating money flowing into the stock.

One reasonably reliable buy signal is the switch in the weekly Parabolic SAR, which switched two weeks ago. It has reliably indicated the previous rally's.

from my post on OzeStock .....

Humour me for a moment - hypothetically speaking ... I'm no expert in this - but it if we take the following figures to estimate the value of the resource per share on it's equivalent value as oil ....

Assume field capacity of the resource is equivalent to 50 billion barrels of oil

Assume value after extraction costs & tax = $5 per barrel

% ownership of the resource = 100%

Value to the company = 50B x $5 = $250B

Number of shares on issue = 66M

Value of resource per share = $250B/66M = $3,800


..... if the end of year flow tests are good, GDY is worth a bit over $1/share I would say ......


..... Paradox