RE:RE:compsRBC came out with an updated comment on Friday in light of the latest news................. very positive though target still holds at $19 per share................. they say we need some solid operating quarters to show that the SART will in fact impact production as per specifications and reduce the cash cost for TXG down by $100/oz......................... they also expect that the sub-sill resource of 180k oz will be increased ............ we need to remember that sub-sill is over 11 grams/t of gold.................. almost 4 times the core reserve.
Bottoms wrote: Great post. I second that opinion. Perhaps the market will locate a higher operational risk to TXG for the short / medium term given the incidents. I don't think this should be more than 10% though. 18$ is well within reach.