GGY 2.41% 8.1¢ glengarry resources limited

cash is king, page-2

  1. 44 Posts.
    Sorry Goldbrick,

    These juniors are valued less on whats in the bank but more on whats in the pipe line ----

    This mob have not been able to secure a drill rig for Rum Jungle over the last 8 months --- And have sold there only near production assett extremely cheaply

    The cash they have in the bank will be burned on their salaries and other running costs soon enough ---

    I read nothing in the activities report that has me rushing to buy more shares

    it hurts me to say but The market has them valued about right
 
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