a gdn opportunity?, page-4

Again I agree with you gupper.
If you apply the criteria of selection of gold stocks from DUB, they nearly meet the criteria, however the guidlines were written in US and Canada. Australian comapnies tend to be smaller, untill consolidation and undercapitalised due to a smaller shareholding public base.
Therefore not all of those points can be directly related.
Having said that, the area is going to be a new hot area, the comapny has been managed well, the ground is good, there is upside to the property and a major is involved. GDN has little money so it has not been able to explore as well as others but they hold the ground.
It will be interesting to see if they JV their 100% held ground adjacent to the new discovery. Either way NCM want this area and they will have to go in with big cheque books.
All things concerned this is the best potential stock in gold in this market IMHO.
Best of luck all who trade.