AU = US$ 2400 - markets muted responseI'm surprised by the low level response of the marketplace to the change in gold price that we've been witnessing.
does anyone realize that without a step change in production we are looking at a tripling to a quadrupling of cash flow inside Wesdome in Q2? Think about these other producers, they're all going to have the same response in cash flow.
I'd be interested to know what mining companies are getting a major step in production during Q2... The resulting cash flow for those companies is even going to be more staggering.
The question has these elevated gold price levels sustainable for the medium term