A natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region.
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The down side out ways the huge potential upside!!!! GSX is sitting on potentially HUGE resources. While there main business is Nat. Gas, and admittedly the price is currently going down, the soon to be Cali wells (fingers crossed) will add a huge upside if oil is found. I will admit currently their balance sheet isn't looking so great and the question is; are they going to have enough money to get the precious resources out the ground with out dilution or sale of mass resources? I don't have the answer to that but I do hope the answer is no. I'm long GSX not for a quick trade but believe they have a great potential if their balance sheet can start looking better.