It was chest fat that did not look masculine. My doctor diagnosed it as gyno. I thought it worked well, and I might have even got better results if I hadn't stopped using it during a Boldione cycle (stupid reason too). I was using it 20mg/day for several months and then dropped to 10mg before and during the cycle and then up again for a month before finally coming off.
I think I'm still carrying more fat in my chest than I normally would at this bodyfat level, but I'm not completely sure. At the end of my current diet, I should have a better idea.
I recommend that anyone with gyno at least give nolva a shot.