GDR goldstar resources nl

gdr pr machine starts to wind up..., page-17

  1. 1,702 Posts.
    Firstly I didn't lose money EB....... I bought the Company probably well before some jonny-cum-latelys on this site when it was 14c. I also sold some at 65-6c so going OK thanks for caring........And am still a holder so hoping for better days.............

    Secondly to bad-t, the latest announcement is chock full of irresponsible hyperbole (A King motto by now) - and supposition. They quote things like "extensive experience in the Walhalla region" - rubbish!!! "Accelerated plans", "Strategic Review", "150 Priority Targets", "Early Gold Production", "Extensive use of Digital Terrain Modelling"......... should I go on???? It's all rubbish!!!! Is that "information" worthy of an announcement???? Only when you have something to under-announce on your main project I would suggest....... I liked this stock a lot when it was prospectively looking at Cohens Line particularly and before all the hype started on largely untested (AND HISTORICALLY LOW PRODUCTION) dykes.......... And now we have a new line of mineralisation apparently christened "Donnelly's Line" which together with Edwards Hill produced 30,000 ounces????????? That is hardly worth boasting about....... Ask anyone who knows anything about eastern victorain gold and they'll tell you that most of the larger historically producing dykes are in fact on Morning Star's leases. One reef in the old Morning Star produced 250,000 ounces............hello!!!! GDR's only claim to fame production wise is the old Long Tunnel mine which is now a good tourist relic after a miner was killed there some years back. VERY unlikely to be re-opened as far as I can see.

    I would like to see GDR pick a plan and stick to it. Get these bulk samples done and out at Eureka and Tubal Cain and then re-assess mining potential. Sure keep looking around on your other areas but focus on getting ONE THING right first..... The share price currently trades like what the situation has gradually become - completely overhyped.
 
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Currently unlisted public company.

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