GDN - Golden State Resources
- Thread starter chris1983
- Start date
nizar said:Chris just one question... Have u made a loss this year? Bought any dogs at all?
From bannerman, to PMH to GDN, i have to say, very well done, ur a TRUE CHAMPION....
Keep up the good work...
Naa..just had some good runs lately. PMH wasnt a very successfull venture. Broke even on that one. Best returns have been BMN, SMO, AOE and now GDN. Ive been lucky..but in this market lots of people are picking winners.
Kevro has been pointing out a share..I also think it has "potential"..LOU. Have a good read of their latest activities report. Very interesting. Going to change their name to Erongo Energy Limited.
Biggest loss this year was FXR. sold at 65 and I was in at 81..just under 2 grand loss. Sold in the panic when the market went down. Wish i had of kept them
Back onto GDN..i really wonder what this stock can do now. Potential is endless..if it turns out to be a dog..i'll add it onto the list of break evens or small profits..because I wont stay in if it starts to fall..I really dont think it will though..buyer strength towards the end of trade suggests it will keep going? Not that I know about all the technical stuff.
Quoted from another forum:
For clarity~
Sciano(director) position held prior to today...
Shares:
16,300
3,000,000
1,775,500
Options:
2,700,000 class A
2,700,000 class B
2,700,000 class C
2,700,000 class D
2,700,000 class E
Position held now...
Shares:
16,300
1,170,000
575,500
4,600,000
Options:
2,300,000 class C
2,300,000 class C
2,300,000 class C
Summary...
Net position change:
Shares = +1,570,000
Option = -6,600,000
No sign of hit and run here...just a smart move of exposure from options to shares to gain as much exposure as he can.
A positive sign.
For clarity~
Sciano(director) position held prior to today...
Shares:
16,300
3,000,000
1,775,500
Options:
2,700,000 class A
2,700,000 class B
2,700,000 class C
2,700,000 class D
2,700,000 class E
Position held now...
Shares:
16,300
1,170,000
575,500
4,600,000
Options:
2,300,000 class C
2,300,000 class C
2,300,000 class C
Summary...
Net position change:
Shares = +1,570,000
Option = -6,600,000
No sign of hit and run here...just a smart move of exposure from options to shares to gain as much exposure as he can.
A positive sign.
He has put more money back into the company by exercising his options. Then sold some on market afterwards right? Maybe he needed some cash! I dont know
Anyway it doesnt change the facts that they allready have a significant discovery and are still yet to hit the primary target..I'm not going to sell based off the director selling some of his holding. It definately has scared some investors to pull out their money. Sentiment can change fast. Have to wait for the next drill results now.
Anyway it doesnt change the facts that they allready have a significant discovery and are still yet to hit the primary target..I'm not going to sell based off the director selling some of his holding. It definately has scared some investors to pull out their money. Sentiment can change fast. Have to wait for the next drill results now.
Its stabalised around 1.15-1.16
They reported a "SIGNIFICANT GAS DISCOVERY" in their last drilling reports.
I have to hold based on the facts so far..not on the directors actions..maybe he needed the cash. Definately has changed momentum though.
A lot of guys are accumulating right now.
They reported a "SIGNIFICANT GAS DISCOVERY" in their last drilling reports.
I have to hold based on the facts so far..not on the directors actions..maybe he needed the cash. Definately has changed momentum though.
A lot of guys are accumulating right now.
