any views, page-20

Before we all get fixated with GRY mgt spreading themselves too thin, remember TAW (Liberia) & PIR (Mali) are purely equity holdings - not too mentioned RNS spun out which has just done a deal with OZL. The TAW strategic alliance may see some technical assistance but Banfora remains GRY's focus plus Mauritania of course.

Current SP obviously taken a hit with PIR announcement.

But the real focus should be in their next resource upgrade - and of course Mauritania.

Ask yourself if the broker community has TPs north of $2, doesn't $1.30 tell you GRY is undervalued.

Imminent newsflow will see GRY back above $2. DYOR

TImbogold