I'm not ultra familiar with GCY, but is the market potentially...

I'm not ultra familiar with GCY, but is the market potentially overdoing the anticipation of bad news? I mean yes GCY missed production forecasts, but still, look at the chart below. Whilst GCY aren't producing as much as what the market would like, and two of the senior staff instantly left, it doesn't seem like they're at risk of going bankrupt. They have good reserves, sufficient cash to cover interest bearing debt, and they're clearly heading in the right direction e.g.: improving on their numbers/production.

Oversold don't you guys think?