Getting more comfortable with this one every day The gyrations in the share price are not going to concern me as long as they keep nailing milestones.
The big discount in the stock price means we are obviously still in show me mode but...
this last round of metallurgical work confirmed comments by management and were even better than expected (credibility!)
increasing gold and silver recovery in both the copper and lead streams as concentrates are separated is a huge potential bonus. Plus recent tests where gold recovery was as high as 65% shows continuing improvement is possible.
Hitting 28% in the copper concentrate again confirms they are on track to lower shipping costs and lower smelter penalties. Higher profits. Credibility!!
next three catalysts in 2024
1. Final tahue tailings filter installed, announcement that production is at capacity
2. Campo flotation circuit modifications, mill upgrade completed - resulting in three metal concentrates.
3. Campo mills throughput increased to 2000 tonnes per day r
future catalysts..
4. Campo production ramped to 2400 tonnes per day
5. exploration drilling around the Tahuehueto mine
6. reserve increase at tahue
7.announcement of debt free status and quarterly increases in cash on balance sheet ( probably should be 5.)
8. 10% NCIB announcement
9. Quarterly updates that Tahue and Campo are operating ABOVE 100% of mill capacity
10. Mill expansion at Tahue
11. Expansion at Campo
12. M and A or sale.
Massive increase in value coming over the next 18 moths!