big cap raise looms for gry -300million, page-9

AMX is my prefered share , but i hold both.

In the end this is a personal preference thing (indeed both companies will probably be great stocks in the end!!) - but for me it boils down to:

AMX: 1) management style (I always prefer understatements), 2)focus on the main asset, 3) the effective utilisation of shareholder funds.

Sure GRY have a good resource in Banfora and are better at media/glossy brochure stuff.

But my main concerm is "overly expansive mind set" and effective utilisation of shareholder funds.

Don't think they need to be mucking around buying into PIR , no matter how good their resource may "seem" . Focus on the main asset until you have room to manouver elsewhere.

Putting the "cart in front of the horse" so to speak.