RE:RE:KL presentation in Zurich today "Macassa @ 400K ounces/year once a new sheft is in place"!!!!
Did I hear that correctly in the presentation???? I love it! A few thoughts (and I would like to hear counter arguments on this if there are any):
1) It will take time but the beauty of this whole story is there is so much hype on Fosterville that no one cares about our other incredible asset that is Macassa!
2) I think we all know that the Fosterville guidance of 400K/ year for the next three years is absurdbly conservative based on the the recent reports. Sprott and management hardly even bother talking about Macassa and yet Yee (CFO who did the presentation today) just said Macassa could produce the same ounces as Fosterville in the coming years. To me that is a clear statement that Fosterville is going to be producing WAY more than 400K/year. Otherwise they would be hyping Macassa as well!
Incredible stuff.