Keep in mind folks...At the General Meeting in Britain...Josef said that there will be a resource update of 500,000 ounce per quarter! That is an upgrade of 2 million ounces per year...There is a reason for that...long term replacement of ounces taken out of the ground each quarter will be replaced. 200,000+ ounces will be mined next year...that means 800,000 ounces is replaced next year...This is EXCELLENT by any standards...I defy that any other gold miner as able to do this each & every year! What does this mean? We all know that there is gold in those hills...& a HUGE AMOUNT...it is just not being reported all at once...I keep saying this...I have nothing to base this on...But I think they may have 50+ million ounces that will be proven up through the life of the mine...just not reporting it all at one time! This is one gold miner you want to have a core position in!!!
Have a great day;
Bag Of Gold