GDA - Gondwana Resources

[YOUNG_TRADER]

Hmmm Scruffy is whimpering and moving around a bit,

I wonder what he has been digging up in the back yard, holes or buried old bones :

Stock has a history of "running" (being pumped call it whatever you will) around cap raisings and it looks like theres about 80m 1c options due to expire at the end of may, each option if exercised comes with a piggy back option exercise of 1c expiry 2011


Dog with fleas but tiny mkt cap could easily double on an ann

 

[YOUNG_TRADER]

Well it didn't double but scruffy sure did go for a run

Moved up about 50% on record volume for the stock of 25M shares, all on no news and still no speeding ticket

I knew scruffy was up to something, just wish I knew what it was lol

 

[Dreadweave]

Can anyone shed some light on this? Nothing for a year then 100million volume yesterday and a 66% gain.
2 announcements Friday.

24/09/2010 Appendix 3B - 23 September 2010
24/09/2010 Gold Exploration Update
I dont really understand the numbers in the exploration update, so whats happening?
Chart