watso understands the feeling of "hopelessness" for gda holders.. there they are, logging onto hot copper, day after day, and nobody makes a comment on the gda thread.
lucky for gda holders, is that watso makes a determined effort, from time to time, to make a post.
sadly, all that watso can mention is that rms have bought (for a song) 42,000 oz of high grade (7.5 oz/t) gold from bcn. if bcn could not have done a deal with sbm, for the treatment of the high grade ore, then there is not much chance that gda will be able to do a deal.
in all fairness, but watso has no idea how it all works out. a sbm report has mentioned that the marvel loch mill will close down in august 2012. one would think that sbm would be happy to treat ore from other parties - which would include ore from gda.
watso would have thought that sbm could have treated the bcn ore - for the benefit of all concerned. in the end, bcn gave their high grade ore away, for a song - what hope is their for gda????
GDA Price at posting:
40.0¢ Sentiment: Sell Disclosure: Not Held
