GCY 1.82% 54.0¢ gascoyne resources limited

Ann: $5 Million Raised Through Share Purchase Plan and Placement, page-35

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  1. 782 Posts.
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    Will be breaking lower support and heading to low 20’s once gold resumes downtrend, definately not worth trading gold at the moment with US dollar strength and raising interest rates. Gold could hit 1000 an oz in near future.this company is definately a sector laggard which means it will suffer more than sector leaders when gold continues down,it has proven itself which is shown in the sp weakness.
 
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Currently unlisted public company.

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