I picked up Woodside options at .oo5 in 1983. The SP at the time was 70 cents and they had no project. Sold the options for 34 cents one month later.
The funny thing is that although exploration is a one in 100 chance at uncovering a commercial project some companies do find that project. These odds apply to BHP Billiton as well as the likes of GDN.
Many people forget that "needle in a haystack" fact but everyone only wants to apply it to GDN. Funny that.
Give GDN the consideration you give other explorers and you may be surprised at the outcome.
GDN Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
