RE:RE:FR JV with DSV or AAG?
You aren't in any way up to speed on FR and you sound confused,Heywood.
FR are extremely profitable($10.50-$12.50 AISC) 40% of production is gold. 60% is silver.
1.Orko was bought out by CDE.
2.The Cordero project is primarily base metals.
3.The company has shut down four of seven producing mines and implemented massive technological infrastructure at considerable costs (3 HIG mills,LNG,micro bubbles,fine grinding,AG mills ....).
4.20 drill rigs turning.139,000 m of exploratory drilling/35,000m U/G development
5.Divesting themselves of non-core assets.
6.Investing in juniors
7.Purchased a stream of silver at Springpole.
8.$300m USD cash position
9. M&A being actively talked about/pursued.
10.Dividend suggested by KN to divert shorts/pay loyal investors.
11.Decreasing AISC and cash costs,increasing grades and recoveries.