IMO there will be a bid coming soon from Regis. They had a go at...

IMO there will be a bid coming soon from Regis. They had a go at CMM which is a large low deposit but their major shareholder didn't want it to happen. I suspect RRL are ont eh hunt form new growth and GCY is perfect for them...having 2m oz of low to middle grades and that is what made Regis...Regis. I just bet they are on the otherside of these low price trades. They need to get a foot hold on the register before they make a bid and this is their opportunity...just my opinion but this bodes well for the future...GLAH