is it right time to enter, page-34

Going through the old announcement has me wondering what is really going on in the background at GRY

31/01/2013
BFS states 151,000 ounces production per year @ 2.38g/t?
Talked up Samavogo and Stinger Deposits

04/02/2014
Scoping study numbers on heap leach?
So we've gone from a CIL plant on a BFS to dodgy scoping study numbers on a heap leach outfit?
Not that I have any issue with heap leach, I like the idea of cheaper operating cost.

then
05/03/2014
Exploration Update
No mention of Nobelle, Samavogo, Stinger which were previously talked up and had drilling going on.
Off on some tangent regarding a new you beaut farm in agreement?

Director recently sold 1,500,000 shares, estate change apparently which is a convenient reason to reduce holding.

Where is the exploration update on holes drilled at the original deposits, there over a year late

Is the project being deliberately talked down to dampen any possible take over or allow someone to accumulate?

Or is the project going backwards, if so why the cash burn and why in hell sell PIR if the current project was going backwards, instead of buying more when they had 60 million in the bank?

Approximately 20 million spent, project looks to have gone backwards, Directors still reaping cash.

Is it time to turn up the heat on these guys????

71c4