GGY glengarry resources limited

Recent quote from the chairman "I’ll now move on to Glengarry....

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    Recent quote from the chairman

    "I’ll now move on to Glengarry. During the last four years our share price has
    generally tracked the overall market indicator rising from 3 cents in early 2005 to a
    peak of 20 cents in November 2007 and then sliding back to just under 3 cents at the
    present time. Our current market capitalisation is $8 million which is some $3 million
    below our cash backing. Surprising as this may seem, we are only one of a number
    of junior resource companies now trading at a discount to cash backing."

    Funny market cap under 7 million currently.

 
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Currently unlisted public company.

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