GDN 0.00% 1.7¢ golden state resources limited

Oil and gas prospecting is a risky game, big risks vs big...

  1. 14,981 Posts.
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    Oil and gas prospecting is a risky game, big risks vs big rewards.
    Under 10c without good news this week, up to/over 20c on very good news
    No point going into all the reasons why, I think we all know them by now.

    But, just one point to make, what level they are drilling at is whats important. One of the min concerns I have on drills like this, is the emphasis people place on a significant announcement, each and every day. It doesn't matter if one is made or not today, if they are still drilling towards the target, then a bit of patience should prevail, it's the main zones people should be focusing on.

    Cheers,
    Wilson
 
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