News: GCY Gascoyne Resources Says Co To Undertake Share Purchase Plan To Raise Up To $5 Million, page-14

GCY’s management have actually had a stellar run and have achieved everything and more mentioned in announcements.

The only reason this capital raise has occurred is due to the faster than expected plant construction and, the funds from the capital raise will assist with mining costs until they have gold sales.

This is a screaming buy and have bought more than $10,000 worth of shares this morning.

In 6 months time GCY will be back at 50 - 60 cents per share.

I had been watching GCY over the last 6 months and thought it was overvalued at 50 cents.

****DYOR