Ann: Group Mineral Resources Grow to Over 1.3Moz, page-8

Hi Chaka,

I am watching HRZ, but, as per my list, I am only looking to compare GCY with actual producers. HZR is, at the earliest 18 months away from production (and I believe that is a stretch). Well done on your purchase, I think you have probably bought near the lows (nothing guaranteed! ha)

For those wanting a little confirmation bias, there is a new research note on GCYs website. Very positive and basically just confirms what the company is hinting at.... that Sly Fox/Plymouth is going to enable the company to extend the current mine life, for very little expense drilling, and even stripping. Plus, anything above 1g/t is basically going to enable GCY to displace the lower grade ore, meaning more profitable ounces, which hopefully, will enable them to reduce the AISC in 2023 (when it rises).




For what it's worth, I don't really follow FML.
I have glanced at it from time to time, but... a quick look at the PFS, shows me that whilst it will likely become a producer due to the higher POG, its got a long way to go before getting back into production (even with a plant onsite). Perhaps I will take another look once the DFS is completed. Good luck if you hold though.