GREY:GDRRF - Post by User
Comment by
youngkidon Apr 20, 2012 9:18pm
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Post# 19819122
RE: RE: RE: RE: otc
RE: RE: RE: RE: otc From the last NR it suggests we should have the updated resource estimate by next Monday. Maybe that will spur some volume here. I still think they have some great properties and are undervalued but the SP is probably floating around at these lows as they still will need a couple million to continue exploring all their properties unless they get a good JV deal as the last NR also mentions that as a possibility.
The Company is well capitalized to complete the updated resource estimate on its flagship Ronguen gold deposit, the results of which are expected to be received in late April.