GGP 0.00% 0.6¢ golden gate petroleum ltd

shakeout & what we have to look forward to, page-4

  1. 1,136 Posts.
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    So it appears that until you can reach a stage where most of these notes are converted, your going to see this tendency for these heavyweights to continually drag the SP back down.

    I suppose we are powerless especially in a weak market as we are in right now.

    Does anyone have any idea how many are still out there.

    I suppose the only thing that could overcome this drag is a steady stream of good news of some sorts, which in my opinion seems to have started happenning with the anns of our first horizontal well planned next month.
    Also oil price touched 97 dollars last night so maybe things could be turning.

    Come on SG lets get those last stages of fracking completed on our first 2 test verticals, i think we might get some good numbers from these. SO if its possible to have all 4 wells on production by end of september, and our first horri spud, who knows this just might do the trick in getting us back over 2 cents.

    Wouldnt you love to see the remaining note holders having to convert over 2 cents.

    LWR
 
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