Lol, careful what you believe on this thread folks, doom and gloom words from a "FEW" wanting to shake the tree
But then the company stated favourably:
Back ground gas ranges from 10 to 13 units. Petrophysical evaluation of the 8 ½” section has been finalised by RPS Energy including a review by tight gas experts in the US. The results confirm net pay in six intervals including three with commercial potential. Golden State Resources is currently designing production tests on the Ismay, Chimney Rock and Barker Creek formations.
Hold, buy or sell, but there we go again, sellers disappeared again and buyers are back. I'm on oppies - risky but massive potential considering these were 2.7 a few days ago
GDN Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
