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Thursday, 12/09/2010 5:11:49 PM

Thursday, December 09, 2010 5:11:49 PM

Post# of 864
WHY I'VE DECIDED TO GO BIG ON GRS (GAMMON GOLD) ?

I strongly believe that this is a true turnaroud story.

GRS was on the sideline during all the gold bull run.

Now they a fully ready to produce 250 to 300.000 onces in 2011.

Nobody know that GRS is not only a gold miners, they've 66MOZ of Silver !!!

They've + 100M$ in cash with very low debt.

A market cap under 2B$ is a non-sense IMHO.




1)-El Cubo Labour Strike Declared Illegal (10/4/2010)

http://finance.yahoo.com/news/El-Cubo-Labour-Strike-prnews-951799845.html?x=0&.v=3

President and Chief Executive Officer. "This ruling is an important first step in resuming operations at our El Cubo mine. We remain open to discussions directly with local union workers who are willing to consider a mutually agreeable solution that will result in operations at El Cubo being resumed as soon as possible."


2-Gammon Announces Expanded $100 Million Credit Facility

http://finance.yahoo.com/news/Gammon-Announces-Expanded-100-prnews-1252692085.html?x=0&.v=1



3-Gammon Gold announced today that Ambassador Martha I. Lara-Alatorre has been appointed government relations advisor for Mexico to the Company's Board of Directors, effective immediately.

http://finance.yahoo.com/news/Gammon-Gold-Appoints-prnews-984379717.html?x=0&.v=1


4-Gammon Gold and Capital Gold (CGC) Sign Definitive Merger Agreement

http://finance.yahoo.com/news/Gammon-Gold-and-Capital-Gold-prnews-748712488.html?x=0&.v=2


5-Gammon Gold Announces Significant Drill Results for Reserve Expansion and Four New Discoveries at Ocampo

http://finance.yahoo.com/news/Gammon-Gold-Announces-prnews-886989269.html?x=0&.v=1



THE COMPASS
The debt is often the beginning of the ruin
http://investorshub.advfn.com/boards/board.aspx?board_id=17989

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