Elpa, hold on to those GDN shares, something will pop up and...

Elpa, hold on to those GDN shares, something will pop up and very soon I think.

There are two big things to take effect and news on those should be out quite soon:

1- BLM permits to be finalized, I am quite sure they are on the final stages..and announcement should be before the end of this month.

2- The new leases they acquired and approved at the last AGM. I do not know why they are taking so long to announce that they have finalized the deal, but that too, should be pretty soon and could be sooner than BLM completion

I expect news on both above initiatives long before the end of the month.

Something good to note is that GDN still has some funds to initiate drilling in the Ukrainian acquisitions.....activity on that front will bring the hype in the next few week/s...

I am all set on this one, I know that a lot of people are unhappy with the performance of this stock, and I do not blame them for being unhappy, those that held for long time got burned. Hope they have learned the lesson of the risks associated with trading these stocks, (do not get too attached to the story)

These type of stocks need to be traded calculating the times to get in and get out, getting the times right is the critical part of being successful.

To me now is time to buy, actually is the best time to buy before drilling is announced and or started. keep an "eagleeye" during drilling and be aware of timings to reach final drilling target ... then decide to stay or sell.. if there are good news on final target you may double or triple your money, but if you get out you have already made some good moneys if you buy at the right times (now..)

DYOR.

I am in and all set...of course I may buy a bot more if things look very attractive from now to when drilling is under way.