Hey lobon, (not sure why I said slow... was meant to say close! ha).
Anyway, I would love your summation to be an accurate one of GCYs transition to producer, although the odds are against all new producers to come out guns blazing, usually its more... operational issues etc etc. I know GCY hired the very best they could across the board for on the ground ops, so I am basically going to be watching GCYs big brother (DCN) for their ramp up, if they can do it, then so can GCY.
Well done on GCY being your first pick. As for other options, I don't have a lot of them because I am trying very hard to only hold the cream of the crop, so.. KIN is my next stock, if for some reason GCY moves far higher than I think it will (then I will simply move profits to KIN). Anyway, sorry to all for the cross promotion.
It was interesting to see the SP up so strongly, but.. then, GCY really has been range bound. Just look at DCN if you want to see a strong move as it enters production (up 100% from its lows last year already). With I think another 20-30% still in it if ramp up goes well.
Dalgaranga drilling has been ongoing for a while now, and from memory, Glenburgh will be starting up soon in tandem, so really looking forward to seeing what 75,000 metres can find.
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