GDN 0.00% 1.7¢ golden state resources limited

significant well, page-2

  1. 642 Posts.
    Hi, that statement was made in the report on october 12, which was before the akali gulch and pinkerton trail intervals. For the independent consultant to say such a statement on the gas shows they had seen at that stage, he must be very confident in the upper zones which they will be testing after the lower barker creek interval. This was before they found the lower barker creek interval.

    Why would they make such a statement which is on public record? They must be confident in the upper intervals to say it is one of the most significant wells to be drilled in the region in 2006-2007.

    We havent found out the results of the upper intervals, i would think its still relevent till the testing says different. The company has to be confident with some of the intervals of gas or they wouldnt still be drilling the well.

    Thanks.
 
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