After Glory Resources went into suspend, I made contact with two people at the company - both are high up and will remain nameless.
I spoke to both on separate phone calls around lunchtime today and this suspension was part of the cap raising plans. They are obviously eyeing the major acquisition and I have been told that the future is 'extremely exciting'.
I am absolutely reassured about the future of Glory Resources and this is definitely one of those stocks that you will be glad you go in at these levels. The new area of exploration is primed and Glory are buying at a superb price.
Massive upside - massive potential.
No wonder they're getting so much positive press.
GLY Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held
