Post by
Canadian0620144 on Aug 06, 2020 10:11am
New high today $222CDN shares will be split 15 for 1
Company will hold investors day on August 20th. Forward production for second half of year approximately 115,000oz-125K. First six months production was 78,000oz gold equivalent. Everything is currently going to plan, board approved stock split of 15 for 1 to increase liquidity.
will be providing updates to exploration and drilling results at Investors day August 20th.
CFO said Company plans to reduce hedges going forward with gold now over $2k oz, but will have an early new hedge on production at new Gold Road Mine. Expects all in sustaining costs per oz to continue falling as production costs in Brazil are 85% tied to BRL and 50% to peso in Mexico.