ages ago, watso mentioned that gda should have done some drilling at corruna downs - and $1m would have drilled a lot of holes.
it is not all that hard to find iron it is either there, or not there - and a few hits, and gda could have negotiated a far better deal.
for what it is worth, but watso had a quick look at where gda had planned to do a lot of drilling - but the area where AGO had the good hits, was to the south, of where gda planned to drill.
anyway, the prospect of a future royalty stream cannot be discounted - but that would be several years away
GDA Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held