high grade drill results 4m@34g/t, page-17

Disco Stu, I don't think that PVM can't develop the resource currently, I know, as proof by the fact that there is no plant producing gold...No finance... etc.
Same for GRY...

As others have posted:

GRY and PVM are at different stages of the development process. Hence my thought on a merger, because as you pointed out, their overall values are quite similar.
I realise that overall PVM deposit is a better grade, however, GRY's is cheaper to develop. Even with your disaproval of what I suggested, can you not see some merit in it? For starters, how much are the two companies spending in total per quarter... while not producing 1 ounce of gold?

As you mentioned, I did read in detail what occurred with the failed merger of PVM and Keegan. I thought it was a stupid outcome myself (Until they stopped the deal I thought, there are two companies with management putting shareholders first). I wish GRY had done something like that with a smaller company to get a mine up. Prove they deserve my trust through success and then go for the bigger mine. I mean, anyone with enough cash right now could buy any project they wanted that was at the BFS stage. gold stock shareholders would probably take any deal.

So much money is wasted by gold company's building a 'huge' resource that they can brag about, while the pro managers, drill and prove up a small, but economical resource, build the plant and dig... i.e DRM, KRM, TRY and others.

I am painfully learning the pitfalls of the small cap mining sector. Only started investing in 1997. So my overall experience is much less than many that post on HC.

Appreciate the discussion either way DS.