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GRY gryphon minerals limited

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20.5¢

Ann: Quarterly Cashflow Report-GRY.AX, page-8

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golden horse

528 Posts.

30/04/16

07:32

Post #: 17639718
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Originally posted by Wack ↑

Hey GH, with all due respect, any goldy can ride the golden bull but there will come a time for accountability.
That time is long behind for accountability for this co.
When I held these shares they had circa 60M in the bank.
I would rather hold a goldie that will rise without depending on the gp to take the sp up. If we consider what return we have on the 60M spent, the ROA is well and truly pitiful. Not the fundamentals one expects when looking for a sound investment. Aimho and no disrespect intended.
Kind regards, Wack

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Stevi conquer top acreage in Burkina Faso .Target $1.00

GRY Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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Ann: Quarterly Cashflow Report-GRY.AX, page-8

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