Post by
mferguson71 on Dec 22, 2020 9:14am
The party has been announced
Now that the company has granted stock incentive options the news flow will in my mind be continuous for the start of 2021. Two biggest things I took away from the release this morning is the upgrading equipment to be able to run more tons through. I believe the target is 60 tons oer hour from 30. (I may be wrong so please correct me if I am). I wonder if the increase in mill capacity was planned to be this early? Also the mention of new veins in areas that were already mined. This sticks out not only because it was the easy gold targeted initially by previous owners. If they missed the new areas due to some planning done by Paulo... the untapped potential excites me.
Comment by
Goldenhope on Dec 22, 2020 3:20pm
Yes theres lot of ore at the site and even more down the road at Lima they're going to need the extra ball mill christmas is not the time to announce good results as the brokers are half asleep on holidays all set for an impressive start to the new year