I just read again everything I could find online about GCY over the weekend and am really confident in them now. I purchased my third lot of shares today. They are so close to production and unless I missing something I believe the shares should be a lot higher.
The hedging was clever on behalf of management. Very clever to have some price protection also with the fuel to operate the mine. This will help us control our production costs should the oil price go up. It will be very interesting over the next month. The sooner we get to production things will certainly heat up. We seem to have some great management which is a welcomed relief.
Good luck to all the holders out there!
Ann: First Gold Next Month Ahead of Schedule and Under Budget, page-16
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Last
$1.21 |
Change
-0.050(3.97%) |
Mkt cap ! $1.339B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.25 | $1.19 | $10.75M | 8.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20660 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 30800 | 2 |
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| SPR (ASX) Chart |