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20.5¢ gryphon minerals limited

$500,000 a year to look distressed. Where do I sign up for the...

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rubitron

195 Posts.

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08/07/16

21:55

Post #: 18229626
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Originally posted by gungadin ↑

I would doubt it Bevter

.... more likely they see a distressed Exploration company with good assets, being taken over by a company with cash and a development production team, perhaps a bit like Ampella, AMX, getting taken over by Centamin (CEY, LSE). I think the "AMX takeover SP appreciation" is now well north of 3-400% plus a good dividend stream perhaps for the next 20 years at these gold prices, or even a lot lower for that matter.

Do your own research on this, but this would be my thinking....

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$500,000 a year to look distressed. Where do I sign up for the job?

Gungadin. Whats your view on the recent buys? (Macbank and MM). Leverage play to get into Teraga?

GRY Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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