GDN 0.00% 1.7¢ golden state resources limited

a gdn opportunity?, page-5

  1. 952 Posts.
    I struggle to see how you can come up with GDN not having much cash.

    GDN have 1.2 million doallrs cash at hand. Plenty of money to go and prove up a resource.

    Their last announcement stated they were in talks about JV some of their projectas to speed up development.

    If your going to give a company a wrap atleast get the info right.

    GDN are a nice looking spec gold stock. They have a tight share register with good prospects and cash to get them through their exploration programmes.

    If a major comes on board then great but if they dont then no problem.

    Cash and assets give them a backing of about 2 cents per share.

    I have been buying GDN and more recently gdno for the past 8 weeks.

    It has the potential to go to 10 cents plus quickly and from their who knows. But will need further drilling and good results.

    Pattersons cleaned out a million in 1 hit last week from 3.8 to 4.4. Thye are fairly keen on the stock.

    cheers Chooch...
 
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Currently unlisted public company.

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