GDN golden state resources limited

held yesterday's gains and some., page-9

  1. 121 Posts.
    re: gdn...fundamentally undervalued gdn 137,500,000 shares on issue

    $6 million cash deal
    $1,118,256 cash(at 30 june)annual report.
    $1,748,905 assets(excluding cash at 30 june(annual report))

    =$8,867,161 divide 137,500,000 shares = 6.44c per share.
    then there is happy jacks drilling in progress and their other tenements to value
 
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