GRY 0.00% 20.5¢ gryphon minerals limited

resource upgrade?, page-2

  1. 401 Posts.
    Rameez et al

    The ann of 10 Sept advised that further results for the 20,000 metres drilling program would be made at the earliest opportunity, and that the company was anticipating a new resource estimate in the coming weeks after the completion of the current drilling program.

    I would therefore expect another couple of anns before the new resource estimate is announced. The area being prospected is quite vast, as indicated by 20,000 metres of drilling, but that will allow the resource estimate to reflect the actual volume of gold held by GRY.

    I'm personally not phased by GRY taking their time and being systematic and thorough with their drilling and estimates. The market seems to appreciate the professionalism of this company.
 
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