Apoel, two suggestions; 1/ A hangover effect from the AMX announcement about sulphide ore - not an issue with GRY as I understand it as totally different style of mineralisation. 2/ On an EV per resource oz GRY could be considered a bit expensive - so there is some expectation built into the share price. As a geo who has worked in West Africa this expectation is justified as the upside is huge, just drilling deeper at their current deposits has a strong chance of increasing resource ozs, let alone new discoveries at Banfora and other projects. Personally I'm accumulating at these low levels (not a recommendation of course), as I have faith in the upside.
GRY Price at posting:
$1.21 Sentiment: ST Buy Disclosure: Held