Absolutely great results however the trading today suggests the market isn't completely convinced even though it's up 18% on big volume the largest for a while however it's closed close to the open with a large gap up that would have been a shooting star candle if it had risen the day before or was in a uptrend - Id be watching the trade tomorrow because if that gap starts to fill then it more than likely will and if it explodes up and away tomorrow its a runaway gap and all will be good....If these results were announced with steady state previously announced and no need for further cash currently being 5 million with the SPP - that was destined to fail miserably under the previous circumstances without something like these results then I would have already jumped in however under the current circumstances something seems amiss - Its one thing to announce high grade exploration results however its another to make anything from them or do they fade into nothing over time- Noticed BLK announced some high grade results today (no where as good as these) however they have been doing that for years...
GCY Price at posting:
32.5¢ Sentiment: None Disclosure: Not Held
