RE:RE:RE:Hibernation...againWhat you say is true, but I don't believe that management has made the decision to deepen the pit.
I remember JM saying, maybe a year ago, that they would have to decide soon because they would have to start peeling back the pit walls. With an already high AISC and high debt to be repaid, I think they recognized that it was not cost-effective at this time.
By the time they complete mining the planned Eagle pit, Raven should be able to provide much better economics than a deeper Eagle pit.