Spec
I like the management team's history, which is probably the main reason why I am willing to buy into this company, but unless they substantially increase their ore reserves and can actually produce gold at ASIC of AUD1,000 and given the number of shares on issue, I would not be chasing GCY.
This a still a fairly speculative "investment".
Perhaps some of the current selldown is due to end of year tax loss selling. There are not that many days left to do that. It could also be due to insiders moving on.
I hope GCY works out for all.
Picked up some shares at 47 and 44 cents cause GCY could be the ant's pants - never owned them before. I also bought some PRU for a trade - they could do OK if they actually meet their targets.
Good luck.
loki (It's all just a gamble so throw the money around to give yourself a better chance of hitting that jackpot.)
Ann: Maiden Sly Fox Resource and Exploration Aircore Results, page-7
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$1.53 |
Change
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Mkt cap ! $1.702B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.57 | $1.53 | $3.165M | 2.049M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.53 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 29228 | 3 |
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