re: Ann: Gryphon Raises $20m to Advance Explo...
As expected, 50c ish, raising $20m. Should hold them over for the next 12 months at least.
Looks expensive on current EV to what they have JORC'ed. Need to come out with some very good results and a very nice updated resource estimate early next year to continue with the high rating.
I'm banking on them to continue with the good results, so I continue to hold and watch for decent dips to add.
Just need Mr Market and POG to keep playing the game also.
SDG
GRY Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held
