Ann: Intercepts Highlight Potential to Double Never Never Extent, page-44

Not sure why, but I only just noticed that Bridge updated their report on GCYs website.

At least they are honest about their over exuberance in regards to NN MRE. Though they still clearly view it as an number that will grow.
I did like the confirmation that to access the ore at GN/NN will not require significant capital, as its basically from surface (though of course, an U/G portal will require capital, when they get to that stage.
Bridge also view GCY as providing updated guidance soon, though I would have thought that would be after they gain permitting approval to mine GN/NN?
Bridge imply that the LOM is about 4.5 years, with 2 years of higher production, followed by 2.5 years of lower grades (but still profitable).
We know this quarter won't be pretty, though I hope they just front up, say its been crap and just get on with fixing the issues and/or ensuring there is less chance of weather related issues affecting the mine etc (i.e. larger stockpiles of higher grade ore).

I thought the sector was out of favor a few months back.... eek.. its far worse now!
The best miners will push through this period. Balance sheets across the sector are incredibly strong and will ride out whatever is to come.
Just wishing I could be a bigger buyer.... like most I guess!