There were only 12 share holders at the meeting (pretty poor turnout)
The Co. has $3.5M in funds
Cost of Paradox #1 was approx $20M Budget for Paradox #2 is $10M P2 scheduled for 1st quarter 2008 expected to take 90 to 120 days ( will be using different, probably smaller rig. Options of Cap. raising or farm out been being considered They are confident of good result and where best target levels are. Cost of tapping into passing line is $.5M for pipeline construction and same again for connection
Uranium IPO is imminent (has been lodged with ASX and is awaiting approval, apparently there is a cue of 41 IPO's awaiting approval) They expect at this stage that ore processing could be within 8 months !
Johnson Range exploration drilling is in progress but is only considered a small play !
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held