GED 16.0% 2.9¢ golden deeps limited.

golden deeps profits from krz run!!!, page-14

  1. Jim
    884 Posts.
    lightbulb Created with Sketch. 17
    re: golden deeps profits: asset backing.... wow! a few things right and a few things wrong....

    del piano is the man behind the stable and owns shares in all the companies, sbr/tgs/aul/ged/lum but is not a director of any of them. he also own kalgoorlie mine management which has a management contract and owns shares.

    the sale in lum shares looked to me to pay for the exercise of options

    but yes, ged is a marvellously asset-rich shell. its not a case of if, but when. The sixty four thousand dollar question is how long do we have to wait

    if it makes you feel better, i paid 11c for my first holding, and thought it was cheap even then. there was a bit of tax loss selling recently at 4c

    the trouble with ged is it probably isnt going to go anywhere until they decide to do something.

    good luck
 
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