there is something strange here!!!!,, watso is confident that there was a follow up post, from this company report - and there was nothing offensive in the post - yet it has disappeared.
anyway, the company gave some indicated, and inferred numbers for centenary, buffalo etc . if mining actually took place - then it could be , that only half would be mined.
a window of opportunity is closing - in that the sbm mill at marvel loch is destined to be closed down in august 2012. once the mill is closed, it will not be opened up, to treat a few thousand tonnes.
watso has no idea about the standing of the gda leases - but before mining can take place, there needs to be a mining lease etc - and all of that takes time.
the few oz that gda have, will never be mined by the company, once the sbm mill has closed. a heap leach might be possible - but a public company would probably steer clear of that option.
gda will be a good back door listing, for some "get rich quick" scheme
GDA Price at posting:
40.0¢ Sentiment: Sell Disclosure: Not Held
