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Goldnev Resources Inc. is a public energy company focused on conventional and unconventional oil and gas production, with active projects located in British Columbia, oil shale exploration program in Saskatchewan, and oil and gas production in Alberta.

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Message: Jim Letourneau answers my question on GNZ

Jim Letourneau answers my question on GNZ

posted on Dec 07, 2009 02:21PM

Jim Letourneau, speaker, geologist, investment newsletter editor and communications specialist living in Calgary gave a great and informative presentation at the fantastic online conference on this website. Being a shareholder of GNZ I asked this question:

"I have shares in Goldnev Resourses on the Venture Exchange – This junior oil company has a huge (2 billion barrels) shale oil property at Pasquia Hills, Sask., and I am woundering if you see a possibility of this company developing this resourse to production in these hard financial times." He gave me this answer:

"GNZ hasn’t created much value over the last 3 years but management is stepping up. They need to close a private placement."

I underlined that "management is stepping up"

There light at the end of this long dark tunnel! Have a nice day! Robert C

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