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0.00% 20.5¢ gryphon minerals limited

Cheapest Gold play per ounce ?, page-23

  1. gungadin
    2,055 Posts.
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    20/04/16
    09:43
    Post #: 17550880
    Yes, nice little oversubscribed cap raising by WAF for the Burkina assets, and a long predicted play by the Chinese, who have got sick of relying on Barclays and Deutshe Bank calls and control on the Gold Price...As all know the Chinese are the worlds largest gold producer, so a lot of skin in the game.

    http://www.cnbc.com/2016/04/19/china-launches-yuan-gold-fix-in-bid-to-be-price-maker.html
    GRY Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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