exploration update just out nc, page-5

do not worry thx, watso has not had a look at it, but is sure to find that it will be pretty ordinary

mmmmmmmm watso is reading reading reading and reading and then even more reading - and now for the hard hitting analysis

1. wallal downs. yes watso always claimed that wallal downs was nothing more than moose pasture, it now looks like gda will have to find another paddock, in which to graze their mooses (or is it meece - somebody please find out what the collective noun is for a lot of moose!!!!!!)

2. aggghhhhhh agghhhhhh - for the time being do not get all that excited about the pilbara properties. they still have to find out if they still have title to the tenements... the report states that the company has been refused an exemption for expeniture shortfalls. sure, it is one thing to say that they expect the tenements to be retained, but one never knows.

that means that the mooses that gda were grazing at wallal downs, cannot be trucked to the pilbara tenements, but wil need to be sent to parker range - where there might be a bit of feed

3. parker range. nothing new there. not too sure about the idea of targeting small footprint deposits - but then again, that is for others to decide

all up, at this stage, not a very exciting report. watso wonders if it was released late on friday, so that it might fly under the radar, and will be missed by most punters - because of the bad news that it contains