Agreed; if you were looking to top up would be best to wait for dips in gold price and the inevitable pull back in TGZ, which would correlate to better GRY pricing less than 15 cents. Wait I suggest a few days, which I will do. TGZ looks OK at balance sheet level and is producing. As they ramp up post merger with GRY I would see likelihood of future raisings to advance mining, notwithstanding a tidy $80M on their books. Might also consider taking up TGZ on the Toronto TSX, rather than our CDIs, for liquidity reasons. Any thoughts from posters?
Ann: Press Release - Agreement to Acquire Gryphon Minerals,TGZ-GRY.AX, page-26
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