GRY gryphon minerals limited

roll up roll up, page-9

  1. 803 Posts.
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    ASF
    That is a pretty sweeping statement "gold assets in Burkino are EV$20 per ounce for sale." That clearly does not take into account any grade or metallurgy. AMX EV is similiar to GRY and yet GRY have a much higher grade in the ground and less complex metallurgy, plus a BFS. Interesting to note that PIR in Mali where there was/is a civil war trades at $125 EV, where Burkino is relatively stable.
    Nope think management have to take credit for this complete downgrade/derating. I hope the Chairman has some b@lls when it comes to discussing directors. Lets face it if you wipe some 20% off market cap for talking to a journo then you need to be shown the red card. Lets see if the chairman has them, or they are just there for soveniers when you get to that age. Postion, unfortunately yes, cannot think of many in profit, thanks Steve!
 
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