Guyana Goldfields Inc New GUYFF

RE:RE:RE:RE:RE:what happened to this stock

[NiN777]

Tad wrote:
NiN777

GUY has had a number issues, as everyone knows on this forum, so "severely undervalued" might be a relative statement.

+$1500 gold should smooth over alot of the problems encountered last year.

If management can, or already has addressed operational issues over the 4th qtr of 2019 and can show a consistently improving situation in Q1 and Q2 2020, then the share price should react accordingly. ... 

How much financing they may need is an unknown .... equity, debt, royalty ?  Depends on mg't views of dilution, or selling future production for immediate cash infusion, if any is necessary.

Picked up 20,000 shares yesterday at $0.65 and another 20,000 shares this moring at $0.67. 
Let's see if this is a turnaround story over the course of the next few quarters ......

Should hear from the company in the next week or two regarding operational updates and possibly some guidance for 2020. 

GLTA 

The only other stock I can think of which has a tiny market cap a plant already built is TMAC resources, but they have metallurgical issues. Find me a stock who has $2M+ ouces probable reserves, an already built plant, zero debt for $100M? In hindsight this stock was the bargain of tax selling 2019, I bought slightly above 50 cents and added in the 60's and I will be patientiently holding until I reach my exit price. Of course Analyst are telling the sheeps to sell low and buy high so they'll never tell to buy a stock low, they'll advise to buy that stock after the train left the station.