The chair man's reported stated " .... studies are nearing completion for the Parker Range Gold Project....the Company a step closer towards commencing gold production at Parker Range in 2013 ...."
As at 23/03/2012, Daryl John Peasnall held 37,100,000 (or 5.85%) GDA shares.
Warren Beckwith (chairman) as at 09/01/2013 held 38,579,146 direct GDA shares plus 2,268,792 indirect GDA shares.
What I can imagine is that the Chairman is about to give money back to shareholders from the company's GOLD
Be aware that the GOLD price is on the rise and that GOLD production will make GDA a supplier for the global demand.
Hold your breath and see the rise of GDA
GDA Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held