Apoel, two suggestions;
1/ A hangover effect from the AMX announcement about sulphide ore - not an issue with GRY as I understand it as totally different style of mineralisation.
2/ On an EV per resource oz GRY could be considered a bit expensive - so there is some expectation built into the share price. As a geo who has worked in West Africa this expectation is justified as the upside is huge, just drilling deeper at their current deposits has a strong chance of increasing resource ozs, let alone new discoveries at Banfora and other projects.
Personally I'm accumulating at these low levels (not a recommendation of course), as I have faith in the upside.
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