Although somewaht concerned about the price of the placement GDN is now in a stronger position to capitalise on Leonora Happy Jacks and and recently announced Iron Tank prospects.
The placement went to very astute mining investors who generally follow through with further on market purchases of stock.
Hence the buy depth building shortly after the announcement.
I expect GDN to be past 5.2 cents within a fortnight. Oh i scored 60k odd shares at 3.9 this am. Lucky me...
cheers chooch...
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Held