I've been in and out of GIR a few times over the last couple of years.
To me, the company is looking better than ever, including when it was trading closer to $2. Both the Daltons JV and Yerecoin have emerged recently as good prospects. If Yerecoin stacks up, it could be developed completely independently of BHP or RIO infrastructure.
Nice having $70m in the bank....surely this will help minimise dillution when it comes time to finance one of their projects, and sets it apart from many of its peers in my opinion.
GIR Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held
