I posted this some days back
These are a couple of the things we are waiting on
a quick brief summary in plain english (Warnie)
Code: GDA - GONDWANA RESOURCES LIMITED (Google GDA) Post: 2427981 (Start of thread) Views: 679
Posted: 04/01/08 21:54 Sentiment: Buy Disclosure: Stock Held From: 124.182.xxx.xxx
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Mt Caudan...iron ore
GDA have a farm-in agreement with Cazaly Iron.....who are a subsidiary of Cazaly Resources (CAZ)
GDA will recieve 20% free carried once cazaly spend $1 mill on drilling...sampling etc and must do this by June 2010.
The first pass drilling program has been completed already by Cazaly on tenement m77/776 and results of this is due later this month....as in January....yes iron ore
Parker Range Field....mainly gold and other things
50% of the 11,544 soil samples have been submitted for assay
Again results are due back this month...January.
There is so much more to explain here....but for now that is the important guts to it and I will provide some more indepth reports including tenemnets, where they are positioned, next to whom ...and so on.
Cheers
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