Forecasts looked good on paper but they haven't been able to execute. I got out of GCY in the 30s as I've seen the same old story with these companies.
GCY isn't quite in the BLK category yet. Could still be hope when the grade picks up.
Problems are amplified by lack of capital and need to do heavily discounted raises. Management of some of these companies are too optimistic. Mining is a different game to exploration.
I doubt RMS would be interested in GCY in its current state.
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