I was just looking at the photos on the updated website. Quite a big operation and not hard to see where the money goes. Got me thinking, not too long ago Rick told me they were working on updating the website and it would take time. He also told me they were happy with progress so far and had confidence in the commerciality of the field. Well, the website has been updated, though still a work in progress(why even bother if its a dud and they are about to go broke). So I would hope commerciality of the field is also on the way. The directors still seem to be heading down that track. Even got pictures standing next to well heads smiling. Doesn't look to me as if they are about to go into hiding after totally misleading the market and the share holders. Even Allegra must have some confidence to keep putting their clients money in, even with the free oppies as a sweetener(not very sweet at these levels)its still gambling your clients money unless there is compelling evidence of success somewhere down the track. IMO this confidence has to come from somewhere. I'm betting what's left of my investment on some positive news flow to start soon as for me it was always been a speculative gamble where risk versus reward. I would love to be buying in to this for the first time today and not be already 35% down on my initial investment. Surely we must be close to the bottom of this downwards run. DYOR and good luck all. Hopefully from here only way is up B Rubes
GDN Price at posting:
5.4¢ Sentiment: None Disclosure: Held
