re: Ann: High grade drill results incl. 16m @... FYI RE PIR purchase
GRY… “ acquired nearly 16 million shares in Papillon for a total consideration of A$13.7 million between 23 May 2011 and 20 February 2012, providing an average entry price of $0.86.”
PIR is currently $1.23 so GRY has made a profit of 37c per PIR share, an ave increase of 43%, i.e., they have made a paper profit of $5.89M .
