GDN 0.00% 1.7¢ golden state resources limited

wcu - mine approval given yesterday, page-4

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    The big winners with WCU are Mac Bank. Saw their analyst on Fox biz last month, say that they bought the heads at 10c & WCUO at 0.03c, so they've made a cool profit in anticipation to the permit approval. However the ore shipping from Daneros will happen later in Q4-'09, so thats when the cash implications will happen for GDN.

    By then, we should see final flow tests from PB2 & tie-in to the Williams pipeline & a possible PB3.

 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.