another good night on the overnight commodities...uranium up...

another good night on the overnight commodities...

uranium up again, US$1.75 to Ux U308 price: $47.75, 4th weekly increase in a row,

gold up after a small dip, currently US$1,060, up $5.

The company focus is very much on the iron ore and gold but the annual report is worth reading to check out the Moly, copper, Nickel and uranium upside.

Overnight,copper up about 3% hitting US$3 a pound, Copper Market In 71,000-Ton Deficit Jan-Aug, Olympic Dam accident could cost US$550mn in lost copper, uranium, gold and silver output, Strike season will drag on at copper mines as Chile endures a presidential election.... GDA has copper targets at Baroona Hills...
"During the June quarter, the Company focused on historic data research of pending tenement E45/3326, Baroona Hill, 70km to the east of Corunna Downs iron ore prospect. Historic exploration reports on this tenement have outlined occurrences of Copper, Molybdenum, Silver, Gold and Nickel".
..."The copper anomalism demonstrates that the target is significant in size and only partially drill tested on the eastern margin".

Nickel up 30c to US$8.86... GDA's "Parker Range Nickel Prospect is an area of 1.5km x 0.5km containing five, sub parallel zones of coincident high magnetics and >4,000ppb Nickel-in MMI soil anomalies"