Gold above $1300Production numbers announced looks like guanaco/Amancaya is meeting guidance and Casposo has management’s full attention. Costs have been cut, staff reduced and the production forecast reduced for Casposo for 1H. Low oil prices and a weakening dollar are great catalysts for margin expansion at all gold miners, but for ones like austral operating pretty much at break even this is fantastic news.
what other junior can you find that produces >50k GOE a year and is priced at such a deep discount to book value and sales?
let me know so I can buy that one too! GLTA.