GDN 0.00% 1.7¢ golden state resources limited

update out, page-52

  1. 4,289 Posts.
    Speaking of sitting and waiting. I see that the Schumways(major shareholders of wcu) haven't taken the latest chance to unload their 5mill options in gdn. They along with many other wcu holders, hold large qauntities of gdn options and/or shares. WCU's key place of business is also in the south eastern corner of Utah, not far at all from the Golden Eagle Gas Field. I guess they would have some idea of what/if any potential the field may have. And speaking of potential, I for one hope gdn can now hang on to its remaining 10 or so % of WCU as I believe it in itself has a far higher value than the market is currently giving it. Afterall it is now a producer with a decent proven resource and that resource has potential for a fairly large upgrade. I wonder what value it will be shown to have in the upcoming roadshow. There is certainly potential upside from wcu's current share value IMO
    DYOR
    B Rubes
 
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