MANAGEMENT WAS WISE TO CUTManagement was wise to cut Hole 2017 to 88gpt from 588gpt. They reported
98.2M at 3.07gpt with the cut to 88gpt which would have been something crazy if they did not cut. They would then have something like 98.2M at greater than 10gpt. Correct me if I am missing something?
That would have sent the stock flying temporarily for a day or two, but would then be attacked as misleading. However, keep in mind folks that Hole 2017 did hit 588 gpt and it is a long way away from Hole 2001.
We have 3 pending holes from the FY 2020 program to go.
GLTA
BC