Yes, GDN management - interesting in itself Disco but I will stick to the topic of "indication" from management that they may re-enter PB1 and drill through to Leadville. They have just sued and won an out of court settlement from the drill company who drilled PB1. Which drilling company in their right mind would go down PB1? It would require total non-liability clauses in the drilling contract plus complete liability on the part of GDN for any loss of drill strings/equipment as a result of any issues whilst attempting to re-enter PB1 and attempt to drill into Leadville. Get real - GDN don't have that sort of dosh nor would they risk such a drilling contract whereby they would lose whatever cash they have - it could end GDN unless the loyal bunnies bail them out again with another option offer. I know GDN management team are obtuse at the best of times, but not even they would risk their cushy salaries to re-enter PB1 at total liability to the company!!
GDN Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
