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1.82%

54.0¢ gascoyne resources limited

Ann: December 2018 Quarterly Activities and Cash Flow Report, page-20

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Davisite

10,813 Posts.

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31/01/19

19:52

Post #: 37288887
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Originally posted by Andrew1234 ↑

I’m guessing you guys have been holding out for the story and carrying losses - sorry for that I know it’s not fun.

I’m not at all - just following markets closely - XGD is by far the most primed of all the ASX indices - gold is lighting up world markets look about to roll over - AUD at risk from a local property nosedive.

Nothings guaranteed but I’m just a simple trader seeing trends, there’s lots of smart chartists on HC and other places seeing it - there is heavy smart money entering AUD gold.

GCY is sure marginal but the big boys have run -will keep running and the small caps are picking up too - these marginal ones will be very valuable if gold keeps going as they are priced for failure basically - AUD gold gets up to $2,000 and we are looking at $50 mill profit here - the market won’t ignore it...GCY will rise on hype.

All ifs and buts but I would be watching the indicies here

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I am in agreement with you on gold, the question is if GCY is the best company to put your money into. Is it the turn around story of 2019 or another BLK.

GCY Price at posting: 13.5¢ Sentiment: Hold Disclosure: Not Held
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