Thank you Saragian .
And yes quite perplexed I was.
And just in the throes of looking back to see when the Dalgaranga project launched with all of its’ bright finance, and its’ bright and shiny brand new mill, and all those shiny new trucks arriving on site to dig out the gold that had created the airstrip and mill and the finance and the bright and shiny hopes…
Then had to go out and saw you had posted again.
That spectacular ‘pie in the sky’ price ascension happened from a base of about $1.53 at the start of H2 FY2016 and lasted until that brief peak on August 10?
The price was 75c here (post consolidation) and GCY had announced great more good news [ FWIW see thread ]
…. And then that awful descent.
But I still don’ see why, considering both current prospects and recent price appreciation, we are not even nearly priced at Dalgaranga launch level….
I’m not complaining … just curious at the peak set by that TA and happy that it gives - on a TA basis at least - such hopeful potentials.
And the consequences of price consolidation are of particular interest to me at present as I’m ‘punting’ on another copy which has a number of shares that make Gascoyne pre consolidation numbers look lean and I’m womderimg at what point they will consolidate and what are the ‘usual consequences.’
Thank you again for your kindness Saragian, and I’m glad you are still around .
cheers
SPR Price at posting:
58.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)