GRY gryphon minerals limited
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Burkina Faso backing gold developers, page-9

  1. sarge17
    4,028 Posts.
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    01/03/13
    09:31
    Post #: 11484047
    Good call Maligold.

    The Cross Trade of GRYs entire holding in PIR is showing in PIRs pre-open course of sales. The divestment nets GRY approx $19.9m. The shareholding was worth about $32m at the peak but what is done is done.

    GRYs cash balance prior to divestment would be about $45m this far into the QTR so now should stand at $65m. It will be interesting to see how the market reacts and what GRY does with TAW and RNS. The other investments are only worth about $5.5m combined.
    GRY Price at posting: 34.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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