reason for freefall, page-5

captain matchbox

http://en.wikipedia.org/wiki/The_Captain_Matchbox_Whoopee_Band

yes - captain matchbox - watso assumes that you must be of similar vintage - but gda are cascading towards 3c, with last sales at 3.1c.

the gda management must be sitting in their bunker, reading watso's posts on hc, and deciding on their strategy. they probably regret that they did not make a takeover bid for rio - as watso broke a story , last year, that gda were making a bid for rio.

anyway, now that the barrel is almost empty, gda have to decide if they will do an issue in the next month, or so -, or do they sell their caz shares - and battle on for another few months, before doing an issue

if the results from the parker range drilling (most likely) are no good - then there will have to be an issue at 2c.


how long have gda had parker range ???? - well, they have had it for donkey years - and every so now and then they drill a few holes. this is a joke - but after having the ground for donkey years, all that they have is 70% of about 20,000 oz. ok - they might have a bit more, after the latest drilling - but do not expect much more