D49, In NZ many moons ago a well was drilled to TD, no Gas or Oil was recored in the mud logging on the first half of the hole, so it was not logged, the hole was P&A. Many years later Oil was found close by in a surface well, they went back to the old well and logged it from top to bottom, and looked at the old logs, they then perforated the casing and the well produced Oil, what happened was that the drilling mud was so heavy it held back the Oil/Gas.
GDN - Golden State Resources
- Thread starter chris1983
- Start date
D49, In NZ many moons ago a well was drilled to TD, no Gas or Oil was recored in the mud logging on the first half of the hole, so it was not logged, the hole was P&A. Many years later Oil was found close by in a surface well, they went back to the old well and logged it from top to bottom, and looked at the old logs, they then perforated the casing and the well produced Oil, what happened was that the drilling mud was so heavy it held back the Oil/Gas.
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nunthe,
ok we get your drift,thanks..if you dont want to add something constructive to this thread ,please move on to another thread.
I dont reckon you hold any stock either.
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no point discussing anything of a factual nature in this thread as its obvious too many here should learn that a stock is a3 letter swear word nothing more .........
seems a few here prefer to fall in love withem instead and ignore any negative remarks
p.s if you dont believe me re readings and drilling i suggest you do some research on it sometime
as far as your obvious dislike of pilots , well thats your problem , not mine .
he isnt the reason your beloved holdings taken a kick in the nuts its got something to do with the companys drilling perhaps ?.....
now cmon . IF the results were as great as you guys like to spew out , do u really think it would have been sold off on such heavy vols recently ?
anyways im wasting my excellent typing skills here as with the FMG thread ppl are in love with it and cannot listen to opposing opinions or factual comments
be well and may the force be with you
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i trade this sucka play and i must remind you this is a public forum where all opinions should be heard .
suck it up darl
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So whats your point??
You have been making a big case that this well is a duster, inspite of the gas shows.
You are contradicting your own argument
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You havent given any opinion just shooting off at the mouth.
"suck it up darl"
Obviosly well educated,only a private school student could come up with that.
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um scroll back
plenty of opinions , u just might not like them
LOL everytime ppl get angry or upset with my opinions they always pick on my typing and language skills
........ funny that
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Settle down gents or I'll start deleting posts.
If neither of you has anything further of substance to add to the GDN this evening then please refrain from posting.
I've had a little too much wine this evening and my infraction finger is getting itchy.
If neither of you has anything further of substance to add to the GDN this evening then please refrain from posting.
I've had a little too much wine this evening and my infraction finger is getting itchy.
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I dont see where you have posted any facts.Just the usual told you so, I am a 100% successful trader ching pung.
Do you really think a holder of a stock is going to downramp his own holding.!!!
You are heading back to FMG?? Thanks for coming..and thanks for going
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Settle down gents or I'll start deleting posts.
If neither of you has anything further of substance to add to the GDN this evening then please refrain from posting.
I've had a little too much wine this evening and my infraction finger is getting itchy.
Sorry Joe, you know how these guys stir me up.
Back on track will be a good boy again.promise!!
cheers
daz
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my post regarding it being a smoke and mirrors set of anns not factual ? my post saying it will not fly because of said anns not factual ?
where have i said "i told you so " ?
lol 100% trader hahaha i think not , u may notice the date of post for entry , i stopped out of trade on same day at a loss also
anyways .just a trade stock , got vols ( is that unfactual also?)
good luck with your holdings and sorry that its burnt so many here
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yep joe , no more posts from me here , ppl only want to see what they want to see
sorry for any disruption with my opinions
sorry for any disruption with my opinions
Well D49 I was a oil man, company man to be exact
, as I worked out of Australia I had no super, we would work 91 days and this way we never had to pay Australian tax, I never got burnt on the first well I made a killing. If you want to know what I did you can find that from Raks SUE knows.D49 What I was pointing out to you is that NO ONE has a clue what a well can do unless you way under balanced when you are drilling, or, you must wait till you reach TD and test the well, until you flow test you don't have a clue whats in the hole.
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This thread has become one of the most troublesome on ASF and as such there will be zero tolerance shown to those looking to ramp, downramp or provoke others.
Posts that contain no or low content, or that are intended to provoke or attack others, will be immediately removed and infractions will be issued.
If you have some meaningful content to contribute to this thread then by all means do so but I am tired of seeing this thread descend into provocation and personal attacks. Lets stick to the facts please.
If this thread continues to prove difficult to manage it will be closed without warning for an indefinite period.
Posts that contain no or low content, or that are intended to provoke or attack others, will be immediately removed and infractions will be issued.
If you have some meaningful content to contribute to this thread then by all means do so but I am tired of seeing this thread descend into provocation and personal attacks. Lets stick to the facts please.
If this thread continues to prove difficult to manage it will be closed without warning for an indefinite period.
Just wondering how risky would it be to purchase options in this company? I know they expire in June but if gas/oil was to be found then there would be a potential for very nice profits to be made
Do they have to expire on 30 June or can they continue to avoid losing so much capital?
Any opinions would be great thanks
marc
Do they have to expire on 30 June or can they continue to avoid losing so much capital?
Any opinions would be great thanks
marc
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hsv,
You have some oppies dont you?
Oppies good for ST trade atm.
It would have to be super news to get the SP into the 20c's and make it worthwhile to excersise the oppies IMO
cheers
daz
You have some oppies dont you?
Oppies good for ST trade atm.
It would have to be super news to get the SP into the 20c's and make it worthwhile to excersise the oppies IMO
cheers
daz
yeh i hold some atm, got in at .03 > sold at .009 then jumped in again at .002, just wondering whether it may be worth gettin more? it just seems so risky to have zero by june 30. but then i hear many rumours that GDN will try it's hardest to get them over the line, which i cannot see happening at this point in time.
to even go back up to .02c i see very hard unless they actually get flows.
to even go back up to .02c i see very hard unless they actually get flows.
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sorry joe but how is this rubbish acceptable ????
the GDNO oppies expire in june , exercise price 20 cents .
now this advice/ramp is pure irresponsibility .... the chances of ANYONE buying GDNO and doing there dosh are very high
that is NOT a downramp it is a pure fact .
im a lil annoyed with DATZ,s irresponsible post and willing to take an infraction to voice my thoughts as this sort of post COSTS poor newbies REAL CASH
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In accordance with Joes wishes I am not going to take the bait on this one nonethewiser.
The Sp is showing signs of revival today SP currently at 8.6c up 7.5% and 25mill traded.(not ramping-FACT):
No sell off today.(not ramping -FACT):
If the SP continues to rise, the oppies will get dragged up with it.(not ramping -FACT)
I have already said that it would take super news to get the oppies over the line. IMO it will not happen (guess thats a downramp lol)
That is why I suggested the oppies could be ok for ST trades (ie day traders)
The Sp is showing signs of revival today SP currently at 8.6c up 7.5% and 25mill traded.(not ramping-FACT)
:No sell off today.(not ramping -FACT)
:If the SP continues to rise, the oppies will get dragged up with it.(not ramping -FACT)
I have already said that it would take super news to get the oppies over the line. IMO it will not happen (guess thats a downramp lol)
That is why I suggested the oppies could be ok for ST trades (ie day traders)
