GCY were doing the same, once the shit had already hit the fan. Went to a monthly production report, which greatly increased their transparency.
Because they lost complete credibility when they started mining by keeping shareholders in the dark until it was too late. I am absolutely of the opinion that if they had something worth spruiking then they would be very quick to mollify the concern of their investors and potential investors. In this situation no news is a very worrying sign, and will remain so until the resource, as modelled, is shown to be a credible estimate. The faithful can hold on in faith, and the gamblers certainly can have a punt, but the share price reflects the sentiment of the larger players of the game.
Remember with the Q1 results, the tonnage processed was not terribly far off full production, assuming 1Mt per quarter. Throwing tonnes at the mill too quickly f*s the head grade.
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