GDN golden state resources limited

the lacking share price explained..., page-4

  1. 1,507 Posts.
    re: the lacking share price explained... novac "do you honestly believe they would have the word "Production" splashed all over their announcements if it was most likely it may not happen. That and "commercial"."

    No not at all. I think it is very likely it will happen. However that is still very different from an announcement saying "We have definately enough gas for production and we will be earning revenue in 6 months". Until such an announcement there is still a large level of risk involved.

    As mentioned, I hold and I believe that we will get production -- I'm just trying to justify the current lagging share price due to market forces.
 
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