Roxgold Reports Solid 2019 First Quarter Production Results Ouch, not pretty.
Head grade 10 g/t vs 16.8 g/t in Q1 2018 while the recovery percentage is down from 99% to 98.3%, resulting in a significant reduction in ounces produced from 40 452 to 33 652 in Q1 2019, a whopping -16.8% drop !
So there does seem to be a high-grading problem at Roxgold. No wonder they weren't in a hurry to release the numbers and they keep pushing back their updated mineral resource estimate...
https://stockhouse.com/companies/bullboard?symbol=t.roxg&postid=29569196
https://www.roxgold.com/news/news/press-release-details/2019/Roxgold-Reports-Solid-2019-First-Quarter-Production-Results-and-Provides-Exploration-Update-at-Yaramoko/default.aspx
How much are Dorward and his team paid again for that kind of results ?