GCY 1.82% 54.0¢ gascoyne resources limited

the whole saga is actually very simple.sabine has been trying to...

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  1. 915 Posts.
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    the whole saga is actually very simple.

    sabine has been trying to get to the bottom of.

    over estimated grades. This was pointed out by a number of posters to be a potential real problem with low grade mines.

    the thing that really stuck out for me was the way tgat the company was going towards a cliff at 100km/hr.

    llooking back and even at the time i questioned why they would be spending a fortune on drilling just prior to commissioning.

    One would hope that this was over confidence and nothing more.


 
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