Datz You are right although I hope conservative at 25 cents in short/med term.
I recall my discussion with Richard Sciarno about 2 years ago when he said that if commercial gas was found at Golden Eagle GDN would be taken out by a US big faster than we could blink. He was then obviously keen to sell at the right price.
If so no need to worry too much about Par 3# or more or the gas supply connection. Directors and shareholders would be awash with money.
It will be interesting to be involved if Par 2# shows a wiff of comercial gas or petroleum.
It was more than interesting to see the company put on a gold geo to I assume advance the companys gold assets which have been dorment for some years. Could there be a surprise on the way with a gold story. A diversion I know but if gold performs as predicted over the next 12 months who knows where the company's focus may end up - especially if it has sold its gas fields in Utah.
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
