re: golden deeps profits: asset backing.... wow! a few things...

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