RE: Like old news Exactly, we had bad news two months ago, but with a hopeful twist
From Oct 26 NR
re recoveries decreased significantly during the quarter due to ore characteristics and reclaim water quality, which have subsequently been corrected allowing gold recovery to return to near historical levels and, consequently, the operating cost per equivalent ounce will also improve.
Nothing has been corrected, so I would call this overly wishful thinking. Some people might call this outright lying to shareholders. The selling before the last news release should also be investigated. It looks like some people had prior knowledge.
So, time to sell this dog and move on. I don't see a buying oppportunity, only good riddance to this bunch of sly operators, who prefer to remain silent instead of communicating with the people who put their hard earned money in their trust. Dividend my a**.