GDN 0.00% 1.7¢ golden state resources limited

options hinge on testing p2 well, page-25

  1. 864 Posts.
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    In response to AVL 2403


    1. The design of the testing program and the procurement of required equipment had to be completed - early June
    - Early June is over we are in mid June. Surely they would announce if the testing program was finalised.

    2. Testing operations should have commenced around now - 10 June.
    - Again they would have announced if testing program had commenced.

    3. Five zones need to be tested, with each one taking around three days: = 15+ days (11-26 June possibly)

    - This is possible if they will start testing in a couple of days.

    All I'm saying is that in the absense of an announcement the share price will trickle much lower. People are getting impatient.

    I'm also hopeful that this will be a long-term commercial well worth much more than the current share price. But the lack of ann on status is worrying, just because of their track record.
 
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