SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gallery Resources (Alberta GYR) -- Ignore unavailable to you. Want to Upgrade?


To: Kent C. who wrote (1131)12/3/1997 12:06:00 PM
From: mabo  Read Replies (2) | Respond to of 1829
 
You Welcome Kent
The lawsuit is not a problem.
I think it only will cost some money,no big deal I don't know haw good of a lawyer is Hector, but I think he can handle this.
About the mineralization ?
Same old story.The NR say nothing new under the sun.
I think any company can come out with something like this.Unles we see the real numbers NR like this is good for nothing. In my opinion I don't think we will see any real numbers in near future.GYR newer realeased real number from any exploration,not even from Cariboo which supose to by the operational Mine.That's the way they do it, and we all know that don't we.
GYR may go back to VB next year but not in February, that's for sure.
Till then ?
There will be small run on GYR in three weeks before NR and that's it.
We may see maybe .50 at the best but I see GYR shares will slowly go down if the POG not recovering GYR is .10 or less.With number of shares out and low Gold prices they don't have much to offer.If VB is dud GYR goes sleep for a few years.
That is my outlook, and I hope I am wrong. I have huge position in GYR and I am not planing to sell at least not yet.At this price it does not matter and I don't need any loses for tax purpose.And I don't plan to avearage down at least not now.