GRY 0.00% 20.5¢ gryphon minerals limited

Just got back to computer to see the headline of the...

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  1. 10,469 Posts.
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    Just got back to computer to see the headline of the announcement, and will read it fully later if time allows.

    Basic problem is that TGZ also has crappy management - I have posted about this on that thread, I was a shareholder over a long period.

    I hope there is a higher bid, this is way too cheap. I wrote to Parsons and begged him to arrange a merger as it was clear to me that he would not get the funds for mine development given his past mismanagement with the $80m the company once had.

    TGZ does have a following in north America so its share price will move up on this announcement and boost GRY - so hang onto your GRY shares for the time being.

    I am not surprised that Parsons will walk away with a golden handshake given to him by TGZ.

    Life in the goldie world goes on.

    loki
 
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