GDN 0.00% 1.7¢ golden state resources limited

BungyScience and economics will value the stock (based on...

  1. tcf
    6,882 Posts.
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    Bungy
    Science and economics will value the stock (based on reserves and production capacity) at the end of production testing.

    That value has nothing to do with the speculative value that will be placed on the stock whilst drilling proceeds and gas or oil results flow to the market.

    This stock went to $1.29 near to this drill time/depth in late 2006. This time with a bear market (?? not so now day by day), more shares on issue but better initial gas results, GDN could go anywhere in the next two weeks or so.

    Don't attempt to limit the pos. SP at this time with science.

    How high can a gas fueled rocket go?? Who knows?? Just strap yourself in and enjoy the nose bleed.
 
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