GDN 0.00% 1.7¢ golden state resources limited

price rise, page-4

  1. 158 Posts.
    Gold exploration drilling continues at Leonora (see their website). GDN say they are exploring a newly discovered large gold/arsenic alteration system there. It's a long shot for a big prize, but the structural geological setting and the alteration system they have discovered there are very encouraging at this stage. The shares are simply going up because the company is drilling a good gold prospect and people are speculating on a positive result. No great mystery about that.
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Currently unlisted public company.

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