An extract from commentary in sept from crazy jim smith...

An extract from commentary in sept from crazy jim smith blogspot.....

"Last week I posted a blog about gold stocks and how I think that this is an area to target on the back of a rallying gold price, and a sector where many explorers have been heavily oversold. In that blog post I also promised that I would be blogging about a few gold explorers that I think are good so today I'll write up about Gondwana Resources (GDA) and their Parker Range Gold Project.

Last Thursday the company announced that drilling would commence at Parker Range. The drilling plan was to both upgrade an existing resource and to further explore surrounding regions where old mine workings existed. If you read through the announcement in detail you will see that past grades were quite high so the Parker Range Gold Project holds quite a bit of promise in my opinion.

Metallurgy testing has also come in with very good results and the next step will be pre-feasibility studies so good progress is being made in developing the project".......