Club Mulgoa

Friday, October 28, 2011

GRY

What is going on? GRY made a great announcement... and the share price went down by 0.5c. This is pure madness! I was busy at work. But I have depleted my cash because of GOR's SPP. The market share price is 36c against 32c per share for the SPP. So I applied for maximum with the intention of selling them... but I usually don't!

Many of drilling results for GRY are from infill drilling. But the new area is spectacular. Why it is sold down, I have no idea. Best to ask the idiots who sold. Not only have I depleted my cash but I was too busy at work to follow the market today.

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