Ann: Strong Results From Drilling at the Glenburgh Gold Project, page-12

What could go wrong. Hmm.. honestly, nothing jumps out at me, other than simple ramp up. Grade should be fine, its been minded before and reconciliation was good. Open pit, cheap to produce etc.
Might be a little different with their second project in years to come as that will likely go U/G. But otherwise, one of the reasons I hold so strongly, is the project is good already, with good management and low risk due to the open pit etc.

Of course, there is risk, its a gold stock, gold price is as up and down as a political poll, but other than that...

I have a lot of theories, but.. none have come to fruition. GCY is going to be a miner it would seem. Yet not so long ago its MC was just $25m. Go figure.