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post Posted: Feb 22 2018, 07:59 AM
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Posts: 3

In Reply To:'s post @ May 3 2010, 03:46 PM

CTM has huge potential- get ready for an awesome ride...currently 1.2c

watch this space!!!
post Posted: May 3 2010, 03:46 PM
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Posts: 4,290
Thanks: 206

Renamed by request:




post Posted: Jun 17 2009, 07:56 PM
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Posts: 31

About time something happened, was beginning to think they were going to sit back and get fat on that $10 million.

Glengarry Resources appoints new CEO, on prowl for acquisition
With a relatively strong cash position of just under $10 million, Glengarry Resources (ASX: GGY) is the envy of many junior mining companies. Finding a new project that fits the company's acquisition criteria will be the interesting part given competition for deals involving near term development projects. Assisting the cause, Glengarry has appointed a new Managing Director Darren Gordon, formerly Chief Financial Officer of Gindalbie Metals Ltd (ASX: GBG). With 15 years in the resources sector, 9 years of which were at Gindalbie, Gorden has staked his claim acquiring a 15% interest in Glengarry. Glengarry is focussing on securing a new project that is capable of being developed within 18 to 24 months to deliver a strong cash flow to the Company. The preference is for gold, iron ore or base metal projects that already have an established resource and which can be acquired at the asset level. The company ...
Proactive Investors - 11:48 a.m. 16th June 2009

post Posted: Apr 20 2009, 10:32 PM
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Posts: 31

Well a few things happening on the GGY front. KZL sells and no wonder:

Kagara has $50 million of debt maturing in June and another $100 million maturing in November. This zinc and copper company has already closed out its copper hedges, and had a small capital raising. A lower commodity price environment means thinner margins. Kagara may have to sell a project or two, such as Lounge Lizard or Admiral Bay, to reduce debt, but it’s unclear what these projects would fetch in the current climate.

And they appoint a new director that owns 7,000,000 shares. And the new director ( Didier M Murcia, LLB, BJuris ) just happens to be a Non-Executive Director of Gindalbie Metals.

With drilling of the Citadel project supposidely starting soon, and having director of a gold producing company at the helm, we might finally get some of this "shareholder wealth" they keep harping on about. Time will tell, but it was good to see the s/p hit 5 cents today........

kiwi kid
post Posted: Jun 25 2008, 03:27 PM
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In reply to: james938 on Wednesday 25/06/08 03:15pm

So will I . I have over 500000 of them!

post Posted: Jun 25 2008, 03:15 PM
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Posts: 1

In reply to: tonyfarr on Tuesday 24/06/08 07:48pm

grrr.gif please count me in,i'm incensed at ggy management,have a substantial holding woul definitly vote NO AGAINST SALE.[COLOR=blue]


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post Posted: Jun 24 2008, 07:48 PM
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In reply to: Blueballs on Tuesday 24/06/08 07:36pm

hi Blueballs, we are trying to form a group, 9 of us, to share ideas for a plan to see if we could get a better deal for Maitland & of course GGY
regards, tony

my email


post Posted: Jun 24 2008, 07:36 PM
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Posts: 31

In reply to: tonyfarr on Saturday 21/06/08 11:51am

Yes Tony, I'm really at a loss to explain the share price action of GGY after the announcement sadsmiley02.gif

post Posted: Jun 21 2008, 11:51 AM
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Hi all,
I am trying to drum up some support to vote NO to the proposed sale to kzl

I feel that we have been led up the garden path by the management of GGY
We were told that the maitland project was nearly the best thing for GGY and now they want us to agree to sell to KZL for peanuts.

I fully appreciate the fact that we are only small fish in this company, however our shares are as good as anyone else and if we combine our vote it could make a big difference

I am basing my argument on the existing share price and how it has plummeted since the announcement

I don't know about the rest of you guys, I am ADAMANT to vote NO so please do not let apathy get the better of you, the share price could easily double if the Maitland project is at least re negotiated at a higher price wub.gif

post Posted: May 12 2008, 08:52 PM
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Posts: 31

Well looks like Glengarry might be close to making a decision on what there going to do with their copper/moly deposit by the look of the sp activity of late.......time shall tell wink.gif


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