Ann: High grade drill results incl. 16m @ 8.61g/t, page-4

re: Ann: High grade drill results incl. 16m @... GRY SP started to fall more steeply after they bought PIR, so I guess there may be a market perception that this was not a good move.

My interpretation is that GRY Geos are more aware than most people of whether PIR is good value or not and that the company decided they would get a better return for some of their surplus cash by investing in PIR, rather than having it sitting in a fixed interest account until it was needed. That's why I buy shares.

Zipped in early and doubled my holding in GRY at $1.075 this morning before the price rose to $1.11. I hope the market goes back to sleep and the price slips back so I can get some more.