GDN 0.00% 1.7¢ golden state resources limited

well another gas intersection and all anyone wants to talk about...

  1. 19,875 Posts.
    lightbulb Created with Sketch. 1010



    well another gas intersection and all anyone wants to talk about is the trading bots ... another 8 metre intersection lower down, all a bonus at this point after what they apepar to have found higher up. with 250 metres to go here's hoping they find one or two more zones of interest. could all assist in the long term.

    just amazing to see this stock down this week after another three positive announcements. being held well until flow tests and unfortunately will probably go lower.

    what amazes me most is the lack of follow through from friday. those big oppies buys certainly got the blood flowing for a bit. of course the smart thing in hindsight was to sell into it and buy back. good luck to those who did.

    im not selling one gdn share until flow tests. all or nothing bid here and im confident they have a gas producer.

    you just have to wonder though whether even confirmation of production flow rates will help this one break .10. appears to be on the nose and the lack of serious backers suggests they have dropped the ball in developing the right sort of relationships that ensure steady and sustained shareholder growth.

 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.