Ann: Glengarry Achieves 90% Acceptance for Centau, page-8

re: Ann: CUR: Glengarry Achieves 90% Acceptan... Hello GGY investors

I am CUR investor, have been for 12 months. I am board CUR cause I believe in the Brazil story, low cost production options and most importantly the committed management. I am sure based on the strong relationship between DG and MP(CUR) this business has a bright future.

It seems that CUR has the best prospects but not the cash, so the GGY merger was logical, rather than death by a thousand cuts of equity raising.

This is a 5 investment for me. I will gladly accumulate on any weakness. I think price is fair about now though. It needs to start producing before anyone can expect a return.

Next FMG? I don't know.. but if they get the business producing efficiently. The market will re-rate this significantly or even better a competitor will look to acquire. (caveat being they become a producer of significance).

Anyway it is speculative but I personally have faith in the management which is more than I can say for many other speculative stocks in this sector which are run by geologists rather than business people.