GRY 0.00% 20.5¢ gryphon minerals limited

A CR at 60 cents a couple of weeks ago$80 million in cash is 20...

  1. 2,614 Posts.
    A CR at 60 cents a couple of weeks ago

    $80 million in cash is 20 cents a share
    Even if they walk away from the whole project



    thats some of your answer back.


    But didnt they raise cash at much higher prices before 60 cents?

    That still went down didnt it.

    The cash burn rate is high. They will need more money to get the gold out of the ground.

    This is why its going down.

    Another CR will come.

    So with another CR coming I can see it falling to 30 or lower........

    I didnt think it would be possible but I think its on.
 
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