It appears that the best tim to buy this stock would be betwwen 12/16-12/21. The one thing that would hasten this is the stock trading over 2,000,0000 shares in one day and going through .185. As risky as this is I will buy more @ least 50K if this happens and thats a promise. Hey you only live once!
BJ, since the two Green River oil wells have been drilled and logged; one has to believe that GSX has a better concept of the potential of these two wells. GSX has been trending lower - is it tax loss selling or is it selling by those that have an idea of how good these two Green River tests are going to produce? It makes no sense to sell when the outcome of these wells will be known in about four weeks. Plus the Willow Creek wildcat well in CA should be about to spud and it could be a significant discovery (or a dry hole). GSX is either a very good buy at its present price or a suckers play.... We will know which in mid January.
Rkymtgeo, how do we know the green river wells have been drilled and logged. Isn't this the whole point of the frustation on this board that without a press release we don't know if these wells have been drilled? If they have been drilled and logged, I can think of no logical reason why they wouldn't want to announce that. At some point there own self interest in the survival as a company has to win out. I don't believe they want to see the share price drop any more and if they had information to present they would. Therefore all I can conclude is that they haven't fully finished the wells. But perhaps I am thinking too logically and rationally.