Lucky to be watching this morning and grabbed an absolute schutzenfest of GRY at 15c. Thanks to whoever had to offload a big parcel. I couldn't press SELL on my SLR holding quick enough to free up cash for the trade.
At 15c, this morning GRYs market cap was $60m which included approx $48m cash and investments. Enterprise Value of $12m...please!!!
Not going to cover old ground why this is bargain territory, but GRY has gold in ground and significant exploration targets and potential in Burkina Faso, BFS completed on very advanced low risk Gold project, is highly leveraged to gold price, and may be subject to corporate activity if AMX was any standard to go by (and GRY ware much more advanced than AMX).
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