GREY:SGGDF - Post by User
Comment by
stitch1956on May 15, 2018 11:17am
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Post# 28032568
RE:The SP reflects the quality of the ore body.
RE:The SP reflects the quality of the ore body. I am really unimpressed wiyh management at this point. However they do have skin in the game and maybe that will motivate them to hire some expertise.
As for the ore grade, what they have processed so far is broken stope material left by the former operator so that does not tell us much about grade. This new delivery appears to be new mining, so a good result is critical.
St. Andrews were actively mining here at much lower gold prices, but there is much more to hard rock mining than it would first appear, as management and shareholders are discovering..