I agree - U production is years away if feasible. If you follow the WHE story through both their non JORC compliant resources and timelines/drilling/framework etc in Wyoming, once you compare and contrast their business plan with GDN, it is blatantly obvious that GDN have 100% no chance of being a producer within 12 months. I'll stake my reputation (whats left of it) on it and it was ludicrous for the company to even imply this is the case. They stuffed it and it looks silly IMO.
WHE also needed ASX advice on non JORC compliant reserves. They are about to prove them soon - has taken a while. All going well, WHE will be producing in 2010.
Just adding a little to the debate as I am bored watching telly.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held