Hi Rubitron, They are one and the same. MM Asset Management is a...

Hi Rubitron,

They are one and the same. MM Asset Management is a MQG vehicle. Double up is likely a regulatory quirk to do with the holder of the shares and the beneficial owner having to both report.

In regards to TGZ volume, it is extremely light on the ASX. The TSX is where it all happens. This may change once the GRY shares are turned into TGZ or, at some point, like Endeavour Mining, the shares are delisted from the ASX and simply listed on the TSX which would be a hassle for some.

I see that there has been a lot of insider buying of TGZ shares recently (in Canada) and with MQG buying more and more GRY I think that the prospects for the enlarged group are looking good, if the actions of those that are in the know are anything to go by.

I no longer think that a second bidder will emerge, we're too late in the process for that but I am happy to have bought into the enlarged group for a discount via GRY.

Cheers
John