GDN 0.00% 1.7¢ golden state resources limited

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  1. 14 Posts.
    Is a doubling or tripling of the non-JORC reserve really that likely (at least in the current delineated areas - it might be possible if they find new "pods" of uranium)? My understanding of deposits in the area is that they are rather thin and high grade. Because it isn't a lower grade massive formation, doesn't this mean that the reserve wouldn't vary too much with price (when compared to a low grade massive deposit that would obviously be greatly affected by price). Your thoughts t4p?

 
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