GRY gryphon minerals limited

Wow. Sub 10c. As a long term follower and previous holder/trader...

  1. 4,047 Posts.
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    Wow. Sub 10c. As a long term follower and previous holder/trader of GRY this is sad to see. Gold sentiment poor, substandard GRY leadership and direction. Even if they get the financing package it is now likely to be on crap terms with significant hedging requirements and will no doubt have a caveat of a capital raising to shore up the balance sheet (finance mandate plus current cash is less than the project costs plus admin/operational/exploration outlays over the next 12 months).
 
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