GUL 0.00% 7.3¢ gullewa limited

petrolhead, there will have to be some news very soon..GUL has...

  1. NLR
    558 Posts.
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    petrolhead, there will have to be some news very soon..GUL has spent $377k on exploration up to end of March 09 with another $14k budgeted for this qtr..what are they spending it on??..some on North Parkes gold/copper probably (they applied for a further 3 leases in that area) and, imo, alot on coal jv..if I remember they said they were going to spend $1m on exploration to gain something like 80%??..and even if only small volumes, someone keeps bidding up the sp..good luck to holders
 
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