iron ore announcement due shortly

A poster on the GDA thread has posted that he spoke to David Burton from Gondwanna and that the IO drilling at Parker Range (CAZ 80%/ GDA 20%) has been completed with results due any time before the end of the month. Previous drilling announcement had indicated the potential for a significant IO resource at Parker Range.

This on the GDA thread:

e: ann talk... (kinghadi)
Code: GDA - GONDWANA RESOURCES LIMITED (Google GDA) Post: 2652731 Reply to: #2652678 from macau Views: 83
Posted: 13/03/08 11:10 Sentiment: None Disclosure: Stock Held From: 60.229.xxx.xxx
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Hi troops
The result of iron ore will be ann any day from today till end of this month which i think will be ann on AGM meeting which will be end of this month.
The drilling program for iron ore did completed yesterdy
(david told me that yesterday)
GOOD LUCK FOR GDA HOLDER
regards
KH

The poster (kinghadi) states good luck for the GDA holder, but with CAZ acquiring 80% of the IO rights, perhaps it will better luck for the CAZ holder. Over the last couple of weeks we have seen a gradual reduction in sell side for Cazaly and a SP holding around 27-28c with volumes generally between 100-200000.

DYOR

Cheers,

Milo.