Hudson, TAW management may well be excellent and TAW is probably undervalued, but you need to ask why GRY moved into TAW with a 100,000,000 share deal. GRY also have excellent management and have achieved incredible growth in SP over the past 12 months, and their aim is to acquire further gold tenements in West Africa, as they did with Shield in Mauritania. I would not be surprised if GRY's aim is to acquire TAW also, and that would not be a bad thing for either TAW or GRY holders. In the meantime, I look forward to what GRY's input into TAW will produce, and where that will lead in terms of building a major gold explorer/producer (by world standards)over the longer term, or whether companies like Newcrest will ultimately come up with an offer too good to refuse once the gold in the ground is certified.
TAW Price at posting:
4.3¢ Sentiment: LT Buy Disclosure: Held
