GDN 0.00% 1.7¢ golden state resources limited

wcu - mine approval given yesterday, page-13

  1. 384 Posts.
    buddha3,

    Will be over 500 mill and under 550 mill as directors did not convert their options, cant recall exact amount, but was over 15 mill they had.

    Yes would be nice to bank both revenues, however if they get the options converted and bank the first $30 Mill.

    No need to cash in WCU as the company will have ample cash for a while. Best to sit on WCU and see its value appreciate further with time.

    Both companies indeed have no debt - big plus IMO but give it time as they both get into full production this will change. With interest rates at all time lows - getting into debt atm wont be such a bad thing.

    Long term view IMO depends on the companys future game plan and about to post on new thread.
 
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