GDA good drinks australia ltd

a voice in the wilderness......

  1. 21,239 Posts.
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    I'm afraid that GDA was not one of my better picks. I'm not sure this stock can go the distance. Seems to me that for a company with so little cash, it has far too many projects - without an injection of funds it can't possibly exploit even a fraction of them.... and what it has turned up so far won't move the earth either. Furthermore, the company is drowning in its own paper - if it ever does find anything worthwhile there's not much hope of it getting past a few cents I wouldn't think. What a beauty.....

    I hope its next drilling results (which can't be too far away) can put a golden shine back on this stock - it sure needs it bad......

    Oh, yes, it's nice to see one of the directors (guess who) got $230,000 for his efforts last year. I'm real happy for him.

 
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