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1.82%

54.0¢ gascoyne resources limited

Thanks getrealall sounds negative. Administrators moved in last...

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albatrosss

915 Posts.

35

25/03/19

16:21

Post #: 37876524
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Originally posted by getrealplease: ↑

Still mining. Milling stopped a while ago for an unscheduled shut to repair mill discharge grates. Remember the announcements where mill throughput was hindered by the original grates the replacements work way better but had to be replaced equals an unplanned shut for a few days at the worse time for trying to make gold. Some higher grade ore around not enough though, they have fed lots of low grade this quarter.
Mining has been slowed by water, unexpected reactive ground causing blasting delays, running out of broken dirt to dig, doing grade control etc you have heard them all before.
Told by a third party that the administrators moved in last Monday.
Can’t believe the time taken to make an announcement. So much for duty to disclose.

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Thanks getreal
all sounds negative. Administrators moved in last monday, maybe best not to hear nything.
lost a lot here. Sounded too good ti be true.
wont be touching too many low grade operations down the track.
i would love investigators moving in to investigate, hold people responsible if that is what needs to be done.
wishful thinking ofcourse.
doesnt sound like it will be trading again you are correct.
glta

GCY Price at posting: 10.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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