Ann: SandP to remove Riversdale Mining Ltd from S, page-9

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  1. 401 Posts.
    re: Ann: ZSP: SandP to remove Riversdale Mini... I think you're right flats. My belief is that Gryphon is setting itself up for a massive takeover bid, but not till next year as there is too much upside in building the resource. If they were not setting themselves up for a takeover, they would already be planning to commence mining themselves within the next 12 months to generate cash flow into the future. If the gold is that easy and cheap to mine why leave it in the gound when you have a proven resource? Either way, the only way is up!
 
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