GDN - Golden State Resources
- Thread starter chris1983
- Start date
Mmm I'm new to this game, but....
Faith & hope doesn't give you returns.
Yes I held this stock once.
I sold the lot after some serious thinking.....
I put my money in BETTER performing shares.
Yes much better return.
Why wait?
Why feel that it owes you.
I call it misplaced faith.
Investing is not like a marrage or relationship with a loved car.
Your money needs to work, either in bonds, stocks, e.t.c or just a simple plain bank account.
One must not feel attached to a company, and if the returns are poor, give them the flick. It's a very simple philosophy.
Faith & hope doesn't give you returns.
Yes I held this stock once.
I sold the lot after some serious thinking.....
I put my money in BETTER performing shares.
Yes much better return.
Why wait?
Why feel that it owes you.
I call it misplaced faith.
Investing is not like a marrage or relationship with a loved car.
Your money needs to work, either in bonds, stocks, e.t.c or just a simple plain bank account.
One must not feel attached to a company, and if the returns are poor, give them the flick. It's a very simple philosophy.
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Mmm I'm new to this game, but....
Faith & hope doesn't give you returns.
Yes I held this stock once.
I sold the lot after some serious thinking.....
I put my money in BETTER performing shares.
Yes much better return.
Why wait?
Why feel that it owes you.
I call it misplaced faith.
Investing is not like a marrage or relationship with a loved car.
Your money needs to work, either in bonds, stocks, e.t.c or just a simple plain bank account.
One must not feel attached to a company, and if the returns are poor, give them the flick. It's a very simple philosophy.
radio
not that i would invest one cent in this one ever
you can double up with the pump and dumps this one systematically repeats
its obviously got nil to offer except sheep in HC and volume to trade in
dyor
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Another year down.
Hopefully some of the targets (ie ROW and appointment of gas gatherer) arn't too far away.
Seems there is a true rally happening with DOW now at highest since Lehman collapse in 2008.
http://www.theage.com.au/business/markets/us-stocks-climb-to-postlehman-high-20101211-18t5o.html
This will lift the whole market (again ..hopefully)
Henry Hub gas futures price reovering (nearly $1 since Oct)
http://www.wtrg.com/daily/gasprice.html
GDN saga has been going for a few years now,hopefully (thats 3) 2011 is the year when they finally reach some of its potential, get P1 and P3 firing, sell some gas, and spud a couple of new wells.:
Hopefully some of the targets (ie ROW and appointment of gas gatherer) arn't too far away.
Seems there is a true rally happening with DOW now at highest since Lehman collapse in 2008.
http://www.theage.com.au/business/markets/us-stocks-climb-to-postlehman-high-20101211-18t5o.html
This will lift the whole market (again ..hopefully)
Henry Hub gas futures price reovering (nearly $1 since Oct)
http://www.wtrg.com/daily/gasprice.html
GDN saga has been going for a few years now,hopefully (thats 3) 2011 is the year when they finally reach some of its potential, get P1 and P3 firing, sell some gas, and spud a couple of new wells.
:
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Chart shows it has broken out of a 3 month channel.
Below top bollinger band with bollys squeezing together (usually means a big breakout..one way or the other.)
Trend line is still down.
RSI is over 75 so overbought??
Stoch's look ok just gone thru 50 and heading up.
IMO may be a pullback as some take profit and shorters start to cut their losses.
Support is at .023c with resistance at .03c , .032c and .036c
All imo of course.:
Below top bollinger band with bollys squeezing together (usually means a big breakout..one way or the other.)
Trend line is still down.
RSI is over 75 so overbought??
Stoch's look ok just gone thru 50 and heading up.
IMO may be a pullback as some take profit and shorters start to cut their losses.
Support is at .023c with resistance at .03c , .032c and .036c
All imo of course.
:Attachments
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Just talking to myself again...They intimated mid 1st quarter 2011 for decision on deliverabilty study, well thats just passed so maybe...just maybe an ann in the next couple of weeks?
They intimated mid 1st quarter 2011 for decision on deliverabilty study, well thats just passed so maybe...just maybe an ann in the next couple of weeks?
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Wow, didn't see that resignation happening
Not sure what it all means, hopefully the market likers it.
Not sure what it all means, hopefully the market likers it.
Some major movement today and some major announcements. Yesterday I was looking at getting some more but decided against it.
I am a bit confused on what to do, any thoughts?
http://www.proactiveinvestors.com.a...-considers-reconstruction-proposal-14689.html
I am a bit confused on what to do, any thoughts?
http://www.proactiveinvestors.com.a...-considers-reconstruction-proposal-14689.html
Wysiwyg
Everyone wants money
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Director Kain with Nuenco Oil (NEO) which is now extinct was a failure. Talks alot but nothing happens. They spent 2 years "evaluating" a well. :blbl:
Wysiwyg
Everyone wants money
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But the BIG question is ... Did you catch any monkeys??Just talking to myself again...
Has anyone got any news on if this well has been put in place? From the below article it was meant to be in place 5 days ago? I use wotnews.com to search for latest news but nothing. Anyone know or use a better site?
The company is engaged in demonstrating an economic case for the Paradox Basin #3 well located within the Golden Eagle 70 Unit as a “paying well” to the satisfaction of the United States Federal Bureau of Land Management (BLM) by the 15 May 2011.
Should a “paying well” determination be achieved, to retain the remainder of the lands in the Golden Eagle 70 Unit outside of the participating area, a new well must be in progress on the anniversary of the fifth year from the date of first approval, being 15 May 2006.
The company is engaged in demonstrating an economic case for the Paradox Basin #3 well located within the Golden Eagle 70 Unit as a “paying well” to the satisfaction of the United States Federal Bureau of Land Management (BLM) by the 15 May 2011.
Should a “paying well” determination be achieved, to retain the remainder of the lands in the Golden Eagle 70 Unit outside of the participating area, a new well must be in progress on the anniversary of the fifth year from the date of first approval, being 15 May 2006.
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no.
If you hold say..100,000 shares at 1c = $1000
After consolidation..
50,000 shares at 2c = $1000.
If you hold say..100,000 shares at 1c = $1000
After consolidation..
50,000 shares at 2c = $1000.
2for1 is fine if they're trending UP but these suckers are have been trending down for some time and once released back into market unless there some news they will prob hit 1c again halfing share allocation n shareprice again.
GDNDA will be released back onto the market as GDN.
I interested to hear why the shareholders voted to take a 2for1 deal as shareholdings have halved overnight in the hope they will open at double the price (currently .016c) with the chances of of share trading further down which means I now own shares a quarter of the bought value/quanity.?
What determines whether they would have been delisted ($0value) as they seems to be many that are trading below 1c and why couldnt have they released more shares on the market without halving the shares owned..???
SevenFX
I interested to hear why the shareholders voted to take a 2for1 deal as shareholdings have halved overnight in the hope they will open at double the price (currently .016c) with the chances of of share trading further down which means I now own shares a quarter of the bought value/quanity.?
What determines whether they would have been delisted ($0value) as they seems to be many that are trading below 1c and why couldnt have they released more shares on the market without halving the shares owned..???
SevenFX
