Had been thinking of selling a few GIR to boost the coffers but changed my mind after reading wally graham's article ("Location a Key to Giralia's Projects") in the Sept issue of the ResourceStocks mag received yesterday from GIR (thank you GIR). Mike Joyce's comment that with $86m in cash + liquid investments GIR doesn't "need to raise money or dilute the shareholders any further for quite some time" is very reassuring in the current economic climate. {This article is all about IO but I still feel that the jv with Heathgate might surprise over time now that Garrett has given Beverley Mine the green light to expand}.
GIR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
