GREY:OLEPF - Post by User
Comment by
tony1969on Dec 23, 2012 2:01pm
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Post# 20767531
RE: re: grandich
RE: re: grandichTriple, in no way can you compare gix with ole. Ole has almost 5 millon ounces of certified gold and is a highly derisked project. The credit facilty is basically a bridge loan to give management and R B C time to patiently find the most suitable buyer after the feasibility study. P G has more experience than all of us put together and then some. The fact that this is his largest dollar position ever tells me we will do very well from here (.70) in the end. I should be back in Miami tomorrow and thawed out by Christmas.>