GDN 0.00% 1.7¢ golden state resources limited

re sunday times

  1. amo
    253 Posts.
    personally i think its a load of bull but this is the article word for word .

    The paradox basin 1 well in
    the US aroused much market attention
    because of the size of its potential and
    bullish reports from the company . But drilling
    has not gone well , with the main reservoir
    target now at least 650m deeper than expected from the seismic data, which may point to the geological trap not existing and at least suggests the seismic data is awry . Along with limited porosity in the upper part of the hole , we rate GDN an avoid for now .
    views of Gary Lebas Hogan and partners
 
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