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...
- Forums
- ASX - By Stock
- GDN
- a gdn opportunity?
a gdn opportunity?, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online