I like the updated presentation, apart from the obvious impending production I would say the holding slide is prevalent with only circa 82m shares in free float . It appears a tightly held stock indeed. Good to see a large holding from the board and institutional shareholders. This will squeeze the market as we close in as production becomes imminent.
However the most exciting thing for me is glenburgh the scale of it could become a company maker for GCY , especially when the near neighbours have 8m+oz . it’s really hard to understand the vastness of The exploration area and how untouched it is.
With the updated PFS due Q2 and ongoing exploration drilling it will put GCY firmly on the map , I will be sticking around for that.
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Great presentation and more to come, page-4
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1 | 23000 | 1.265 |
9 | 136533 | 1.250 |
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Price($) | Vol. | No. |
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