GRY 0.00% 20.5¢ gryphon minerals limited

fourfold return on gold predicted, page-15

  1. asf
    9,887 Posts.
    Not too long to wait for financing news. From the BFS ANN on 31/1:

    "A formal financing process is commencing in the coming weeks with selection of the financing syndicate expected by the end of Q2 2013 with loan facility agreements to be completed by the end of Q3 2013."
    _________

    2 weeks to find out!

    This company is on its way, having ordered some lead items- a 60 week wait, though, from the ANN- a bit less now. Are there other companies around GRY that would wish to take her on? TRY is taking AZH on- the strong can now take on the weaker companies. I think AZH will have pretty good project economics, though, and TRY can whip up a mine, no worries (I hold neither of those as disclure).

    loki, I doubt many of our gold companies can handle this one day smashing- lt's hope it's only temporary. It ceetainly changes the fundamentals of all of them if gold stays at these levels.
 
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