GRY gryphon minerals limited
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takeover target

  1. MT2
    345 Posts.
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    07/05/13
    12:13
    Post #: 11732255
    Surely GRY stands out as a takeover target for a TSX or ASX listed suitor? Why wouldn't PIR for instance use its relatively much higher share price and its cash to launch a cash and scrip bid for GRY and create a West African gold play with close to 10m oz of JORC gold???

    DYOR but personally I can't remember seeing 5m JORC oz being valued so cheaply before. If they are not already then it wont be too long before many boardrooms are discussing the details of GRY takeover offer???
    GRY Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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