Geodynamic GDY

[Macks]

Have been keeping an eye on Geodynamic and in the last week it is going ballistic - I know they have been drilling for the last week, but my understanding was that the drilling won't be finished until October - so how come the drilling fever so early on - any thoughts?
Unfortunately don't have any shares yet, thought I'd wait till things die down - but will they [?]

[tintin]

Macks,
It will take months to complete the drill but it all looks good - there are lots of things still to happen but as they do happen the price will keep rising.
My chief source of info is the company website. It is still early days and the price is still an "early days" price.
I bought some at 93c and things stayed quiet until the latest round of shareholder fund raising was complete. People are expressing faith that the co is able to attract the skilled people it needs and that they will successfully complete the project.
And also that the electricity price stays high.
Its tapping a renewable non-polluting resource and the greenies will and do love it.
So unless there are unforseen difficulties, and there is bound to be some, it all looks good. So I sense the price probably will rise
with a steep rise on completion of the drill, establishing that it is a go, creating the pilot generating plant.
And then there will be lots more holes to be drilled, a larger generation plant to be built etc, etc.
I reckon its a buy.
T