GDN 0.00% 1.7¢ golden state resources limited

something else to waste your time, page-4

  1. 2,988 Posts.
    narrow trading range waiting for announcement Trading volume slow and steady.

    Buyers nervous after past volatility.

    Sellers nervous about getting out with possible trading halt prior to potential 2-3 banger announcement.

    Its the calm before the storm. Don't get trampled in the rush when it comes!

    84c at close is my bet prior to stampede -> $1.50 -> $3.00 within days is gas in next targets or wireline results very good, $5.00 if oil as well. Stampede to 30-40c if no further finds which would be a bargain IMO.

    Note that most times when first well negative gas or oil is subsequently found, esp. in established basins (such as Paradox) due to quality of pre-drill survey work these days!
 
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