GGY glengarry resources limited

potential takeover target

  1. 3 Posts.
    With KZL buying a sizeable stake in GGY and with the resource that GGY is defining (maitland) near KZL (GGY could potentially use KZL infrastructure), GGY could be snapped up by KZL if the resource drilling is positive. There are also potential targets to increase the resource nearby.

    They also have plenty of cash and a number of other projects with lots of potential.

    Word is that people at Macquarie think this stock has a lot of potential and have been buying up of late!
 
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Currently unlisted public company.

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