Also, note that in todays article from the West Australian that the insto who bought into the recent placement is confortable enough in the data they have seen to date regarding the gas zones already discovered (excluding Leadville altogether) that their investment was based on this alone, and Leadville would be a bonus.
I also spoke to a broker today from CKLocke in Perth today. They are the lead broker for GDN and bought into the recent placement at 61c also. They too are stating that the market is only focusing on Leadville and is ignoring the fact that GDN has a 'commercial' find already. A commercial find should value GDN over $1, without factoring in Leadville and future drilling.
Although the delays are frustrating I continue to hold and have faith that those with patience will be rewarded.
Cheers
Doyle
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
