Something to think about or research over the weekend.....What...

Something to think about or research over the weekend.....
What comparisons exist?
What upside is there for GDA shar price when we get to drilling Wallal Downs?

Today's announcement by ACS (Accent Resources) has some interesting reading that saw their share price jump 34% today to close at 33.5c.

Their strike length target is 14km by 50m width.
Gondwana's Wallal Downs has a target strike length of 25km by 2km.

Accent news talks about magnetite.
Gondwana news of the 19th nov 07 talks about haematite banded iron formation.

Accent news refers to aero magnetic imagery.
Gondwana refers to regional gravity and magnetic data.

ACS has drilled.
GDA hasn't yet but states in the asx release ...." It is anticipated that detailed ground geophysics in the first half of 2008 will provide drill targets in the second half".

It was interesting to compare the imagery from both GDA and ACS figures in the respective asx announcements.
Both recommended reading.

An extract from the Accent news today....." The Magnetite Range project is located immediately adjacent to the Extension Hill magnetite project (Mount Gibson Iron Limited - Asia Iron Holdings), which was reported to contain
a 240 Million tonne resource1. MGB’s controlling interest in the Extension Hill magnetite project was reported to have been sold for $A52.5 million.
Aeromagnetic imagery shows the magnetite BIF has a strike extent of approximately 14 kilometres within the Magnetite Range project area, and drilling to date has consistently
intersected the iron formation over most of this strike length. The iron formation has been drill tested to a maximum vertical depth of approximately 150 metres and remains open at depth."......