News Focus
News Focus
icon url

Gls3ms

11/04/18 4:21 PM

#1191 RE: Gspex #1190

I agree with your assessment. I have a nice little slice of GSPE and ready to add owning good drilling results and again pending good flow test results. I am in this stock because i believe they truly have a chance with the technology and team that they have. But at the end of the day there are two things. First, is that it’s all or nothing if Tau makes a well and second, if it makes a well it will be years before production is flowing. We are talking 3.5 to 5 yrs before GSPE is actually a profitable company. They may have proven some reserves but they don’t get paid till it flows through the meter. I still think this stock has huge potential but it may take many years to see it.