GRY 0.00% 20.5¢ gryphon minerals limited

dont look past the lesson of SBM, MM i believe GRY needs a usd...

  1. 9,759 Posts.
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    dont look past the lesson of SBM, MM

    i believe GRY needs a usd pog uptrend to be established as its a developer - but if and when that happens - this stock will in all likelihood go from tripe to hype imo

    probably a month or 2 before that could happen - if indeed it does

    people tend to put a lot of stock price performance down to mgt when it just happened their project got stuck in the worst position (cum cash for building a mine) right at the top of the cycle

    these stocks always get crucified the most

    the country is an issue for sure - but thats really a separate consideration to the economic drivers of the stock at this point.

    mind you =- ive only just started buying - for all the reasons above - so i dont suffer any fatigue.
    Last edited by goldbear77: 27/01/16
 
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Currently unlisted public company.

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