GDN golden state resources limited
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wcu - mine approval given yesterday, page-4

  1. Ya
    6,809 Posts.
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    27/05/09
    10:02
    Post #: 5208341
    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.

    GDN Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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