GCY 1.82% 54.0¢ gascoyne resources limited

Look at the numbers for a guide, page-13

  1. 691 Posts.
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    IMO there will be a bid coming soon from Regis. They had a go at CMM which is a large low deposit but their major shareholder didn't want it to happen. I suspect RRL are ont eh hunt form new growth and GCY is perfect for them...having 2m oz of low to middle grades and that is what made Regis...Regis. I just bet they are on the otherside of these low price trades. They need to get a foot hold on the register before they make a bid and this is their opportunity...just my opinion but this bodes well for the future...GLAH
 
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Currently unlisted public company.

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