A non stock holder posted comments about the Zeus and gold exploration program announced on Friday which has a number of inaccuracies. The reasons for which I'll leave to others to comment about. I'll post my thoughts on the exciting exploration program during the day.
I have copied parts of the post below and added a brief response.....
"given the mmi program seems to have been completed,"- wrong
" then to turn up with one new anomaly seems to be a poor result." - wrong
" it appears that the parker range prospect is not over endowed with drilling targets." - wrong
" apart from zues, in which gda will be putting several holes,. " - wrong
"the rest of the program consists putting two or three holes, into existing, small known resources." - wrong
" the most likely outcome for zeus, would be that it is similar to the other small deposits in the area. the chances of gda developing a stand alone mining operation at parker range would be extremely remote. any mining at parker range would be reliant on coming to an arrangement with sbm, who have milling facilities in the area." - wrong
"gda have an alliance with sbm, but that would involve sbm in paying gda some $10m for about 50% equity in the parker range tenements. " - selective omission....forgot to mention up to $15m for 60%
A non stock holder posted comments about the Zeus and gold...
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