GDN
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0.00% 1.7¢ golden state resources limited

value if they have 80bcf

  1. Pennypincher
    2,313 Posts.
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    25/05/09
    09:41
    Post #: 5199655
    Maximum 40 cents. IMO. Based on 400 million shares.

    Does not include oppies being in the picture.(-)
    Does not include WCU share value. (+)
    Does not include further dilution. (-)
    Timeframe dependent on speed of results and getting hooked up to gasline.(+/-)
    Does not include wether they will get decent flow rates(+/-)

    So...Still many risks, but from here, much upside to.

    Shes still a speccy.
    GDN Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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