GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Response to Media Article, page-84

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  1. 5,305 Posts.
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    The problem is yes, the gold doesn’t seem to be where the gold is supposed to be ( so I gather from reading their reports.)
    But it’s not in someone’s pocket . Dalgaranga just sounds like it’s a gold ‘Bermuda Triangle’ ie it’s vanished .

    I don’t know what the personnel issues are but they must be pretty desperate to get working teams ‘of good heart’ who know what they are doing up there.
    NRW is supposed to have 160 to 200 people employed at Dalgaranga. Maybe it is four teams of 40 or 50 people .? ....
    Then there’s the Gascoyne crews and the catering and cleaning and other service staff.

    And they must be all feeling pretty bad mining dirt with barely any gold while the pressure builds to do it faster and better or to try somewhere new and the fact Ian Murray and Mike Dunbar and all those other management types have just left leaves them wondering who the leaders actually are and how maybe they are all going to lose their jobs and it’s depressed out there anyway so maybe it’s better to steer clear of the place and find work elsewhere?
    What scrge mindset up there ? That there’s plenty of other opportunities - about 2,500 jobs going in mining and recourses in Western Australia on Seek right now?

    Then there’s the weather which obviously has been making things worse.
    I want this mine to come good but I didn’t feel at all secure holding shares in it - that’s not going to help anyway.

    I have confidence they are working desperately hard to make it come good and that when/if it does come good everyone will be smiling .
    Meantime there is not much point throwing tomatoes unless you are going to target the real villains.... and all of those (if there were any) have likely vanished into the woodwork.

    Cheers and go NRW and go Gascoyne and if anyone can make this work, you guys can !
    Don’t give up !
    Last edited by sabine: 12/02/19
 
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