all the talk of take overs is nonsense in my opinion. why? bc the big end of town who have pored into this stock above a $1 are not going to succumb to a P weak offer. 75% of the 400 mil shares on issue are held by the top 40 holders and they are in for the long haul.
gold is a cycle and all cycles turn just like tides turn. the tides out atm but it will start to come in soon $46 mil in bank 4.9 mil oz and growing nil debt great backing multi project potential other assets owned low cost operation shallow ounces good grade
re rating is what you are seeing
GRY Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held