I posted this on the 28th a couple of days before the DYL announcement.
With so many companies around the Mt Isa district including DYL with a number of prospects, I would suggest that a few are looking over GGY's shoulder. Its the place to be.
It has all the hallmarks of being a very well positioned - diversified company that will grow in value.
New Post | Post Reply Back | View Thread Add to Favourites | Add Stock | Email to a Friend | Ignore Member | Ignore Stock Subject: re: interesting ggy bcn news alerts Stock Code: GGY - GLENGARRY RESOURCES LIMITED Posted: 28/03/07 21:33 Hotcopper Radio: GGY on BoardRoom Radio Posted By: markco2 Views: 165 Post #: 1665112 (In Reply to msg #1664843 from DULL) Sentiment: Buy IP: 58.107.xxx.xxx Voluntary Disclosure: Stock Held Dull,
Do some research.
Dr. P has been accumulating since November.
Why would he be selling when the party hasn't even started? Thats a joke to even consider it. If anything, he is probably still accumulating.
Second point Oasis was sold to Mega uranium for 750,000 shares. That alone will be worth heaps in a years time. In 2 or 3 years those shares could be worth anything upto $50 a share. Look up MGA.To on the Canadian Stockexchange. IMO, they are going to be one of the "Big Guns" in this Uranium Boom. They also have heaps of surrounding mines and tennements. GGY still has 100% of the other resources.
In their last presentation, they weighed up PV as opposed to FV. In otherwords, selling Oasis was in their view a better option.
September 06, Sempra Metals Corp (US Based Commodities Group) invested in GGY through purchase of 5,000,000 shares. Both the Greenvale and Cannington projects are attracting alot of attention.
Both projects being in Queensland, i sense that in 30 days time after the next two days will be highly sought after.
Why do i say that??
Because Burpless says so.
Ha! ha!
No, thats not the reason.
However, given that QLD will have done a major shift with uranium after April and the positioning that GGY has taken with two of its assets not forgetting its JV's, IMO this company will rock.
The Cannington Project has the same geological sequence that hosts the Mary Kathleen U Mine. As well, Cannington only 5ks from BHP Silver/Lead mine, they found a 500mtr long strong anomaly "U" which they have stated they would immediately pursue.
With so many companies around the Mt Isa district including DYL with a number of prospects, I would suggest that a few are looking over GGY's shoulder. Its the place to be.
It has all the hallmarks of being a very well positioned - diversified company that will grow in value.
In otherwords, its not a one hit wonder.
I suspect GGY is on a number of companies radar.
What they come up with in the short term i have no idea. However, they are one company i would not sell myself short.
Cheers markco2
GGY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held