Sue12 would no doubt be aware of the 'trials and tribulations' of testing a well for production. And this one will have various formations to test. Including the Oil Shows previously announced but of course not tested at this point.
However first up PRESUMING Leadville comes in, we are going to be in for a wild ride regarding the Share Price simply because even 'Gas Shows' in Leadville means that at least some of the 440BCF and or 1 TCF or 3 TCF can be seriously speculated on.
And this brings a huge upside to the share price. One of the Broker Reports on the GDN site refers to the minimum case of 50 BCF being worth up to $1.50. Which puts into perspective a potential discovery of 10, 20 or 30 times that size.
This could rival the wild ride of AUM/CDU!
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Held
