GGE 0.00% 0.4¢ grand gulf energy limited

the full house, page-13

  1. 793 Posts.
    Carrera, I keep watching you guys going back and forth and am still entertained by the sheer amount of words and time spent chatting about a sp that doesn't move.
    As you know I bought (and believed) into GGE before most. I have actually sold for a small profit, rebought, averaged down and can't see loosing money at this stage. I can sit on my investment for a long time

    Now, onto reality for GGE:

    - They have wells producing
    - There are more wells coming (the laws of big numbers tell me that at least one of them will be a winner)
    - The situation in the middle east possibly will send the oil price through the roof

    The only downside more blowouts, more failures, more lawsuits. At this point, honestly who knows, with what they have achieved I would have expected a big increase in sp quite some time ago. The fact that it's not happened makes me suspicious.

    That's my take for now, Carrera. Hopefully I cleared your doubts or put new ones in your mind.
 
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