Welcome aboard Plough.
I look forward to your views (straight to the point and nothing held back).
Of course, the report is out so that Hartley's customers can try and sell after piling into the capital raising.
But I know you piled a nice big dollop of salt on top of their report.
I was a little surprised that they forecast 16,000 ounces for the Sept quarter, when GCY had only produced 10,050 as of the 17th of Sept (the report was published the next day.... I wonder, did they update the report after reading the update?). I would be very happy if they do hit 16,000, just seems like a lot for just 2 weeks (although that being said, that will actually be their run rate for commercial production going forward).
May I ask though, what tipped you into buying? I know you watch a lot of stocks in this sector and you were not holding before the high grade hit, was that enough? Or just like the fundamentals plus of course, buying under the cap raising price?
GCY Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
