re: Ann: Debt funding update - Banfora Gold P... tokyo
Parsons was quoted as saying;
'The fall in Gryphon's share price has left the company trading at only slightly above its cash backing of more than $70 million. Such an extreme situation, he said, could even see companies like Gryphon decide to take themselves private.'
http://www.theaustralian.com.au/business/markets/markets-tumble-as-gold-and-resources-stocks-are-sold-off/story-e6frg916-1226622008561
shes dropped alot since that interview so not sure what his current thinking would be or how that would impact holders.
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