GDN golden state resources limited

price setting period again, page-6

  1. 4,867 Posts.
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    With capital raising's nothing changes but one thing to mention is that in todays financial climate GDN probably really short of takers to inject capital and I'm not really convinced that all GDN holders would also cough up. Most traders have been savaged and cash is king. Now if GDN hit some good zones then it will work in our favour as punters will be looking for quick profits which will turn the stock over no end helping the sp to appreciate better. Good flows later this year from Para#2 and also a refracced Para#1 and raising capital later for development of field will be easy to negotiate.

    Cheers
 
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