need for placement

Just running my eye over GDAs financials and it would look like they are going to have need to raise some cash for exploration etc.. with a placement in the very near future ... with the SP in the current state it is (having been on a downward trend since October) the only way they would get any interest (I would think) is to start driving the SP back up by announcing the new resource estimates for Buffalo and Virgin currently expected any day ... (on the 22nd of April they said the new improved estimates were due to be released shortly) ... so when all this is put together ... I would expect the new resource announcement very soon quickly followed by a placement ... so now would be a good time to hop on board either ordinaries at $0.007 or options at $0.001 ... if you can get them.. to ride the new resource estimates bounce...

Blackspot