GCY 1.82% 54.0¢ gascoyne resources limited

Apart from macro economics where the POG is $A in rising , Yes I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 23,765 Posts.
    lightbulb Created with Sketch. 258
    Apart from macro economics where the POG is $A in rising , Yes I think it is de risking itself so I would buy now if a non holder , given in December it has been churning out around 265 oz a day when in operation which works out around 97k oz a year and at 0.92 grams a tonne at a plant throughput of 3.25 mtpa
    So while mill grade is down on the BFS throughput is up and the 92-102 k oz 2019 self imposed company target seems achievable
    I have about 7 small gold explorers and miners that I hold small positions in , if the miners do well on FA I tend to accumulate in them if they start performing poorly I flick them , this is getting close to being worth accumulating in .
    I am not telling you to buy its just what I would do as an answer to your question
 
watchlist Created with Sketch. Add GCY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.