On one hand, it seems like extremely prudent and pro-active management, avoiding problems down the track if gold underperforms for an extended period.
On the other hand, it seems like the company is going into hibernation for the foreseeable future, so probably little in the way of news flow to interest the market.
Sold out late last week for an ave of 19c. Was feeling over the weekend I might have been a bit pre-mature with my decision to sell, but not quite so sure now.
GRY Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
