GRY has always had strong institutional backing, some of our top shareholders being
International Finance Corporation (IFC) a member of the World Bank Group Macquarie Bank Limited Genesis Asset Managers Baker Steel Capital Managers (Although they have been selling out this last month)
*Taken from 2010 Annual Report
If you're looking to get onboard, you better do it before
1. the resource upgrade, due shortly 2. the plethora of drill results to come throughout this year due to the 60 million dollars we're spending to jorc the world class deposit we know is there. 3. the drill results from tijirit (see tassiat) 4. the SP has been testing all time highs and building up for a surge through the $2 mark 5. Still only 292 million shares on issue 6. Did I mention the 60 million in the bank to find that golden herd of elephants 7. the next gold price rally, GRY is glued to the gold price (my observation only) 8. Eagle Research has a target price of $2.20 (investor report on website) 9. Deutsche Bank in January says $1.90 (what do they know) 10. Paradigm Capital in January says $2.45 (that's more like it) 11. Rodman & Renshaw back in October 2010 said a 12 month target of $2.75 (we're almost 6 months into their forecast now, so the next 6 months should be a biggie) 12. April 6th 13. or the next investor presentation
Mr Parsons time for another investor presentation?
There are many excellent gold companies, but how many of those are in the S&P200?
DYOBR (Do your own bloody research)
BTW, good fricken management too.
Regards, From a proud and happy owner
GRY Price at posting:
$1.88 Sentiment: ST Buy Disclosure: Held
