GDN 0.00% 1.7¢ golden state resources limited

It is interesting to see the emotions that run so high on this...

  1. 421 Posts.
    It is interesting to see the emotions that run so high on this stock.

    For me I am currently running the Company's EV, based on Para #1 only.

    If you do this, and you beleive that it will come to fruitiion, then this is a no brainer for a high risk/reward play to stick it in the bottom drawer for the medium term.

    Rate of returns are good if all comes to fruition, and as I have mentioned before in years gone by...and it has been years....you prove up the reserve and then make swiss cheese out of the landscape to attain the flow rate.

    Ofcourse if you have jumped in on hype at 80 cents or $1 last time around or even 20 cents this time around, then I can understand your bitterness, but unfortunately I think you would have bought in on HC posters comments, rather than do the numbers yourself.

    Good luck to those who beleive.
 
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Currently unlisted public company.

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