GDN 0.00% 1.7¢ golden state resources limited

brave man to bet against..

  1. 2,795 Posts.
    those who sold yesterday and today are betting that

    a) this well in the upper zones so far (100 odd foot of pay , 100% owned), are not commercial, despite the company and independent consultants believing it is. Add in PB1

    b) Nothing will be found in the 3 main targetted zones below - with Alkali having plenty to go and the statement they believe Lwr Barker to be commercial

    c) the stock is worth less now (after hitting gas in the upper zones) than before hitting the said upper zones of gas.

    You'd be brave to bet against all three.

    Good luck all
 
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Currently unlisted public company.

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