I think the main issue is Monument Mining (the new J/V partner).
They have some litigation issues and have yet to raise the money needed to pay for GCYs funding (or at least, I think that is the current situation. Monuments company documents are a little confusing to read through, so I don't know their actual cash balance).
Perhaps some stale holders getting out, after all, GCY has sadly not achieved much Share price wise over the years. I think that will change, but not until the Monument deal is fully done and one of its gold projects actually gets developed. Ho hum.
What gives?, page-2
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $1.411B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.27 | $5.145M | 4.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39096 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 275738 | 6 |
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