director takes up $520k worth., page-10

Cheers, daytrader- that's an excellent technical response in plain English. I've done a lot of reading on GLA but my technical knowledge is not the best, so I like to hear from those who know.

This is a tidy little company with a lot of milestones coming up. I've been doing some reading on Uruguay, too, and how it's become an investment grade country for resources. Could be the next strategic hotspot? GLA is now fully cashed up, and there's a lot to like about Len Dean.

And yes, a 90% discount is a very good punt. I am a johnny-come-lately to this share, so I am incredibly enthusiastic. $4.27m (70% of the target) with another $1.84m guaranteed by Patersons, is probably one of the most successful and largest raisings this year- for a company with a market cap of $14.6m- updated on my platform. $6m extra funds plus the cash we already have. It makes the resource look very cheap.