GRY 0.00% 20.5¢ gryphon minerals limited

I suppose this article in part is the reason the share price...

  1. 11,125 Posts.
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    I suppose this article in part is the reason the share price fell 3 cents today. Investors who saw this article would have been spooked. Going public is not a good way to sell a company as it just depresses the share price.

    I feel for those who bought GRY at over $1.00 and are still holding.

    No doubt many AZM and AMX holders are likely to be in similar positions, and I think their companies face a similar fate. PIR may survive because its share price has not collapsed as it has a highly regarded management team and excellent resource, and will therefore still be able to raise capital without excessive shareholder dilution.

    I just hope one of the bigger cashed up goldies from North America offer a takeover at a premium, otherwise it will be years before we get any real upside on our investment here.

    loki
 
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