re: Ann: Drilling Results from Parker Range -...
watso, after updating his extensive data base ( a few scraps of paper) for gda, and using computer like techniques (quick guesses in watso's head), then watso, has determined the following resources for gda
buffalo 300,000 tonnes at 2 gram ... 20,000 oz spring hill 100,000 tonnes @ 2.2 gram...8,000 oz
centenary east 60,000 tonnes @ 2.5gm ..5,000 oz centenary west - last lot of drilling was disappointing - so really hard to put any numbers to that
gda have 70% of buffalo springfield - ie 20,000 oz then add a bit for centenary west - ie total of 25,000 oz
ok - there are some other prospects - but there will not be a quantum change.
the big hope was that centenary east would have some more high grade stuff - but that did not eventuate. at the end of the day, it was just pretty ordinary results
just noticed a big dump of 1 m shares down to 3c
GDA Price at posting:
2.8¢ Sentiment: Sell Disclosure: Not Held
