GCY 1.82% 54.0¢ gascoyne resources limited

Gold AUD$1772 and rising. Momentum is everything with gold...

  1. 46 Posts.
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    Gold AUD$1772 and rising. Momentum is everything with gold stocks and looks like the gold price planets are lining up. Only 2% off the all time high price set in 2011. If the AISC are $1000oz as per FS over the current six year mine life(assuming no more discoveries) that's a lot of cash every year circa $77m for 100kozpa. With a current market cap of less than that, this is a buyers bargain.
 
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Currently unlisted public company.

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