GRY 0.00% 20.5¢ gryphon minerals limited

Confused about the pessimism, page-6

  1. 2,055 Posts.
    lightbulb Created with Sketch. 2
    You are a tough man Sarge! you missed a few things...and this is from the front page [only]highlights (which most only read, and man this was a battle, especially after seeing they spent $2.6 m in the quarter).

    1. Maintenance of several weather and water stations
    2. Repaired some local roads
    3. Updated Social Development plans to IFC standard [not sure what happened to the Mine development plans?]
    4. Collected air and water quality data
    5. Developed and trialed a more energy efficient cooking oven for the local community [not sure what happened to any more met testing or resource modelling or new insights into exploration?]
    6. Described the results of the FS and Scoping study reported in July 2015 [which quarter are we reporting on, or is my memory playing up?]

    At the conclusion of the first page, I concluded ... that I should take my medicinal drop a bit earlier today, practise mindfulness, and in future only invest in mines which have been designed incorporating Feng Shui principles...

    ...and that the ensuing pages in the quarterly were probably a bridge or perhaps a repaired road and a cooking oven too far.

    Whilst not the worst of the current crop of quarterlies, it has provided several exciting pages for my new books..."Investing in the Junior Exploration Sector".. and "The worlds most amazing quarterlies".

    Goodluck with this Sarge and punters. $12.9m in the kitty.

    PS I thought they were going to develop the mine? or drill some holes? Silly me.
 
watchlist Created with Sketch. Add GRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.