General meeting today at 11.30 am Perth time. Good chance will...

General meeting today at 11.30 am Perth time. Good chance will get a couple of announcements in the few days.

IMO the Resource Upgrade will surprise signigicantly on the upside (again). Whilst significant conversion of Indicated to Measured is expected of the current resource, I am also looking for a minimum 400z gold added to Nogbele and 200z gold to Stinger. That would take GRY to a 5.1m + oz project. Anything more than an extra 600z gold would be a bonus in my eyes and not unexpected.

IMO the DFS will be very impressive with its metrics and robustness. An impressive DFS combined with a solid Resource/Reserve upgrade should spark the attention of investors, bankers/financiers and potential acquirers. What the Share Price does in response though is an entirely different matter.

I think the board and management deserve a kick in the $$$$ regarding the continual 'non-announcment' of results from Mauritania. This is not good enough for an ASX200 company. However, all may be forgiven if the DFS for Banfora is blockbuster material.

PS. Resolute (RSG)reported in their Quarterly Report today that after very long delays, the Cote d'Ivoire Ministry of Mines commeneced granting mining titles during the quarter and RSG have been granted their Toumodi Research Permit. So GRY may get some of their outstanding Cote d'Ivoire gold tenement applications approved very soon.

I have got in and out of GRY and AMX quickly and nervously in recent months trying to eek out a couple of trades. However I am back in GRY now and cannot afford to be exposed with no stock if a great DFS/Resource upgrade hits the ASX boards any time soon.

Good luck all.