GGY 2.41% 8.1¢ glengarry resources limited

kagara half year report

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    During the half year, the Company acquired 56.6 million shares in Glengarry Resources Ltd (ASX code GGY) by
    placement and on market transactions at an average cost of 15.11 cents per share. This holding equates to
    19.8% of their current issued capital. The GGY share price at 31 December 2007 was 15.5 cents.
    The ggy share price today is 11.0 cents and the sellers are still out there but backing by kzl production will reward the patient.

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