fslol - and do you think that this is the first time that gda...

fs

lol - and do you think that this is the first time that gda have issued options to directors, with the idea that there is an incentive to do something with the company

watso cannot be bothered to check it out, but does seem to recall that these options have been issued in the past - and all that has happened is that shareholder value has constantly eroded over time. . there is absolutely nothing about this company that one could really be excited by - and if the issue of freebies is a highlight, and that is about all that the company has to offer - then really it is a joke

watso might be wrong, but that the company should be thinking about issuing a prospectus to raise funds, should be a real concern - it is a time consuming process, which would suggest that the company may have had trouble makeing an immediate placement. an immediate placement would allow the company to sign contracts for the drilling at parker range - not that watso thinks that parker range is all such an exciting prospect, but it sure is a lot better than those other areas that you seem to think are so wonderful.

the uranium prospect is grass roots
wallal downs is grass roots
coruna downs is grass roots

those assays from the dorph peterson prospect were nothing more than a joke - "from a narrow vein", yet you were making posts extolling the virtues of the prospect

a few iron samples from the surface, is also of no real significance. watso has covered more ground, than what 98% of the population would cover - and iron enriched rocks , here and there is no big deal, it is all over the place.

no conspiracy theory. watso speculated that the wait for the freebies was related to funding issues - and this seems to have been confirmed by anothher poster who mentioned that the company was arranging a prospectus, and that is why the freebie date has not been announced - and why a prospectus????? - to raise funds

don't forget fs, but a few months ago you were claiming that the company was well funded, yet now, it seems that maybe it is not. in the past, the company has also had a public issue. a public issue would mean that a price has to be set and for every two shares, there will be one option. a potential punter, when looking to have a bit of punt, is then confronted with buying shares on market, or buying the shares through the public issue. perhaps that would put a bit of a stalemate on the share price for a while

if watso can work this out, without speaking to the company, then he is not exactly a fool - no conspiracy theroies, just an educated guess,

ok - just a few things that have come to watso's mind

this freebie issue has been on the cards for so long (more than 6 months) - so the delay is indicative of something.

the company still has not released the results of the mmi sampling - and once again, this was touted as such a positive about 5 or 6 moths ago - surely, the delay must be indicative of something.

this "chinese deal" seems to be on the back burner for ever - so once again, there is no need to get all that excited

at the end of the day, this company, even at todays prices is capitalized at about $15m, but has no funds - and the prospects would not make the grade for an ipo

oh sure , one can specualate about the "if factor" - but that factor is there even if the company was capitialized at $50m. if it comes good, then $50m would have been a good price , $20m would be a bargain, $10m would be a super bargain. nevertheless, the prospects that the company has, would not raise the funds in an ipo - after all, look at the problems that sxg had in raising the funds, and in the end, it was only a cash injection by the parent (pol), that got the ipo of the ground - and the prospects of sxg are a lot better than gda