Yep. GCY has major problems if it rains, equipment breaks down, grade is not as high as hoped, the gold price falls, etc, etc. Anything goes wrong at all and the bankers own the lot. Having to borrow from NWH is hardly a good sign either. I will definitely be watching GCY from the sidelines until I am comfortable things have turned around and they have some buffer for bad luck.
Yep. GCY has major problems if it rains, equipment breaks down,...
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