GREY:GUYFF - Post by User
Comment by
Teatimenowon Aug 01, 2017 4:10pm
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Post# 26535151
RE:RE:RE:RE:RE:RE:RE:Any thoughts here..
RE:RE:RE:RE:RE:RE:RE:Any thoughts here..true, but i`ve seen a lot of BS explenations for poor mine performance in this space over the years and the one given in the Q2 Presentation make sense to me and most important do not require additional CAPEX to fix. Mining is a risky business and noone should bet house and horse on any mining operation, but i think that GUY is very early in the mine life and if that is the one quater learning curve pain, okay.
If Q3 is dissapointing as well, then i was wrong in my asumptions and analyses and of course thats possible, but for now this is oversold, if the management is not outright lying to its shareholders about reasons for poor mine performance.
Looking at the mine plan and reseaching about reasoning given about this "non-recurring" (quote from Pres.) events then this has considerable upside...