GRY
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0.00% 20.5¢ gryphon minerals limited

will gry and pir eventually merge?

  1. WangChung
    18,438 Posts.
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    25/09/12
    06:10
    Post #: 10765156
    GRY has Over 15m shares in PIR ("strategic investment")

    Both are west African gold plays

    Both are of similar market cap

    Merged entity would mitigate country risk to a degree

    Merged entity would become a major gold play in west Africa



    I'm struggling to see any downside.

    PS....interested in exploring this idea, as a current GRY shareholder, and a former PIR shareholder.
    GRY Price at posting: 93.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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