GRY
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0.00% 20.5¢ gryphon minerals limited

Hi Rubitron cash is not worthless in the current environment and...

  1. fbx258
    6,154 Posts.
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    08/03/16
    08:46
    Post #: 17212974
    Hi Rubitron

    cash is not worthless in the current environment and EV is 20m as it stands.

    I agree with you about management but in a bear market - they have at least have pushed it the project to finance but blowing a sheet load of cash.

    Either way GOLD is 1260USD as per DFS and they said H1 finance will be provided. Lets see... we will see much higher prices.

    I got in in the 6s and agree, alot of disgruntled holders.. which i dont blame for being negative.

    lets hope it turns.
    GRY Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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