GRY have outlined clearly the process to get mine up and running...

GRY have outlined clearly the process to get mine up and running and it is a slow ( for the more nervous investors) process.

define bank syndicate by end Q2 2013
Loan agreement in by end Q3 2013
6months for ML permit end Q3 2013, barring hickups
Gold end Q4 2014.

the resource reserves look robust and comment on inferred resources in optimal pit NOT accounted for.

high grades at depth in stinger -

NPV @1300 gold same as current mkt cap.
NPV @ 1600 gold nearly three time mkt cap.

market therefore must believe gold going to 1300/oz!!??

barring sovereign risk - these look one of the best pure gold plays atm BUT BOY will i need to patient here and hope Burkino Faso sticks to the GRY script in terms of approvals and no rioting/soveriegn risks raising their ugly heads