GCY 1.82% 54.0¢ gascoyne resources limited

Better than the bears expected, page-2

  1. 782 Posts.
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    Market prices in worst case scenario and world markets at the time super volatile,should slowly
    Start to move up as confidence is restored while it is currently quite the value buying op, Argonaut has a 24c 50% risk discount target, once things shape up and plant is running at nameplate or above the risk will reduce and their unrisked tArget of 48c should be a definite possibility, little downside here and potential of 5 bags upside eventually, good odds imo.
 
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Currently unlisted public company.

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